CoreWeave Plans $1.5 Billion Senior Notes Offering

May 19, 2025
CoreWeave has announced its intention to offer $1.5 billion in senior notes due 2030, according to a press release. The proceeds will be used for general corporate purposes, including debt repayment.
CoreWeave Plans $1.5 Billion Senior Notes Offering

CoreWeave has announced its intention to offer $1.5 billion in senior notes due 2030, announced in a press release. The offering is subject to market conditions and will be conducted privately. The notes will be guaranteed by CoreWeave Cash Management LLC, a wholly-owned subsidiary.

The proceeds from this offering are intended for general corporate purposes, including the repayment of existing debt and covering fees and expenses related to the offering. The notes will be offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S of the Securities Act of 1933.

This move follows CoreWeave's recent financial activities, including expanding its credit facility to $1.5 billion to support its growth in AI cloud infrastructure.

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