Core Scientific Inc.
Core Scientific Announces $3.3 Billion Senior Secured Notes Offering
Summary
Core Scientific, Inc. has completed a private offering of $3.3 billion in 7.750% senior secured notes due 2031. The notes were issued at 99.250% of their principal amount and will be used to fund a debt service reserve account and repay the company's outstanding delayed draw term loans. The offering was made under a purchase agreement dated April 22, 2026, and the notes are secured by first-priority liens on the issuer's and subsidiary guarantors' assets. The company also provided a completion guarantee for the development and construction of certain datacenters.
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About Core Scientific Inc.
Core Scientific Inc. is a leading provider of blockchain infrastructure and artificial intelligence-related services and solutions. This dynamic company primarily focuses on the development of high-performance data centers designed to support digital asset mining and blockchain networks. The firm operates vast and sophisticated facilities that offer hosting services, providing clients with the necessary infrastructure to mine cryptocurrencies, including Bitcoin. Core Scientific Inc. is deeply embedded within the technology and financial sectors, leveraging advanced computing environments that enable scalable, secure, and efficient processing of blockchain transactions. Founded on the principles of innovation and operational excellence, Core Scientific has positioned itself as a significant player in the growth of blockchain technology, impacting how digital currencies are mined and managed. Its role in the financial markets includes supporting the decentralized finance ecosystem and contributing to the broader adoption of cryptocurrencies by enhancing the technical framework required for their operation and legitimacy.
Official SEC Documents
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