WhiteFiber subsidiaries secure $300 million term loan agreement with Morgan Stanley-led lenders
WYFI•WhiteFiber subsidiaries entered a $300 million term loan agreement with Morgan Stanley Senior Funding as lead arranger. The financing includes a $200 million initial facility and a $100 million delayed-draw facility for the NC-1 data center; no loans have been funded.
1. Loan facilities
The agreement was entered on Nov. 9, 2026. Initial funding requires readiness and customer acceptance of the first 40 megawatts of capacity at the NC-1 data center.
2. Terms and maturity
Borrowers can choose Term SOFR, subject to a 2% floor, plus a 6% margin, or a base rate, subject to a 3% floor, plus a 5% margin. Both facilities mature five years after initial funding, and WhiteFiber Inc. does not guarantee the loans.
