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Nebius Completes Approximately $775 Million in Senior Secured Debt Financing to Expand Its AI Cloud Platform
Svmuu News: Nebius, a Neocloud company, announced the completion of its first senior secured debt financing round of approximately $775 million. The proceeds will be used to expand its AI cloud platform and are backed by cash flows from deployed GPU infrastructure and investment-grade customer contracts.The debt financing matures in 2030 and bears interest at SOFR + 2.50%. Nebius currently has over $40 billion in contracted revenue from clients such asMicrosoft, and Meta.
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