CoreWeave, Inc.

$2.6bn committed across 1 active facility, next covenant test Sep 30, 2026. CRWV

Services-Prepackaged Software

Recent changes

  1. Aug 10, 2026CoreWeave, Inc. signs $2.6bn CREDIT AGREEMENT, matures Sep 2031SEC ↗
Tested monthlyHeadroom not yet measured1.35
Subject to Section 7.03, commencing on the first Monthly Date to occur after the first full calendar month after the Commitment Termination Date, the Borrower will not permit the Debt Service Coverage Ratio for the most recently ended three full fiscal month period to be less than 1.35:1.00, as of any Monthly Date.
Read the filing on sec.gov ↗
Tested otherHeadroom not yet measured$112.5m

Springing: On the Closing Date and any Monthly Payment Date thereafter, the date of any material Disposition and the date of any Credit Event.

Equity cure available.

“Liquidity Requirement” shall mean that the Funded Liquidity Reserve Amount equals or exceeds: (a) on the Closing Date and on any Monthly Payment Date through the six-month anniversary of the Closing Date, an amount equal to $112,500,000; and (b) on any Monthly Payment Date on and after the six-month anniversary of the Closing Date, an amount equal to the greater of (i) 10% of the then-current principal balance of the Loans and (ii) $112,500,000; provided, however, that during the last twelve (12) months of the Facility, the Liquidity Requirement shall be automatically reduced to an amount equal to the then-current projected scheduled principal payments and scheduled interest payments with respect to the Loans due and payable by the Borrower for the next two (2) calendar month period.
Read the filing on sec.gov ↗

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CREDIT AGREEMENT

Signed Aug 7, 2026

Committed
$2.6bn
Matures
Sep 2031
TrancheSizeMaturesMargin
Delayed Draw Loan Facility$2.6bnSep 2031550 bps

Priced over Term SOFR, floor 0 bps (Delayed draw term loan).

LevelConditionMarginUnused fee
Level Allall times550 bpsn/a

Lenders: JPMORGAN CHASE BANK, N.A., MUFG BANK, LTD.

No amendments on file yet.

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