CoreWeave plans USD 3 billion convertible senior notes offering
CRWV•Use of proceeds and terms
Proceeds are earmarked for capped call transactions, with remaining funds allocated to general corporate purposes.
The notes mature on April 1, 2033. The interest rate, initial conversion rate, and final terms will be set at pricing.
Convertible notes offering
CoreWeave launched a private offering of USD 3 billion convertible senior notes due 2033.
The deal includes an option for initial purchasers to buy up to an additional USD 500 million of notes within 13 days. Total potential issuance size reaches USD 3.5 billion if the option is exercised.
