BREAKING
CoreWeave Closes $3.1B GPU-Backed Loan
0
B
Loan size
0
B
Investor orders
0
x
Oversubscribed
How the DDTL V Deal Is Structured
1
GPU assets pledged
↓
2
Take-or-pay contracts
↓
3
Delayed-draw tranches
↓
4
~5.5-year maturity
DDTL V vs DDTL 4.0
DDTL V
May 2026
●
$3.1B closed
●
SOFR + 4.50%
●
Moody's Ba2, Fitch BB+
DDTL 4.0
Mar 2026
●
$8.5B closed
●
Investment-grade
●
Category landmark
Analysts Flag a Term Mismatch
GPU Debt: A Maturing Asset Class
AI NEWS BLITZ
CoreWeave has closed a three-point-one billion dollar loan backed by its GPU infrastructure.