CoreWeave Announces $3.0 Billion Credit Agreement Amendment

Summary

On September 29, 2025, CoreWeave Compute Acquisition Co., IV, LLC, a subsidiary of CoreWeave, Inc., amended its existing Credit Agreement to add a $3.0 billion tranche of delayed draw term loans. The new loans will be used to fund the acquisition and maintenance of equipment, hardware, infrastructure, and systems for providing services to strategic customers. The amendment includes an interest rate based on either the base rate or term SOFR, with applicable margins, and introduces certain financial covenants. The Fifth Amendment DDTL will be available until March 2026, with each draw maturing five years after the date of the draw.