Nebius secures $3.5 billion senior secured financing facility from Citi
C•Nebius Group secured a $3.5 billion senior secured facility from Citi to support its global capacity build-out. The 364-day facility initially bears interest at Term SOFR plus 2.75% annually, with the margin rising to a maximum 3.5%, subject to adjustments.
1. Facility terms
Nebius Group secured the facility to fund data center development, GPU procurement and general corporate purposes. The 364-day facility initially bears interest at Term SOFR plus 2.75% annually, with the margin rising to a maximum 3.5%, subject to adjustments.
