CoreWeave issued $1.25 billion and €2 billion of senior notes due 2032 on Jun 18, 2026

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

On Jun 18, 2026, CoreWeave completed a private offering of $1.25 billion of 9.625% dollar-denominated senior notes and €2 billion of 8.500% euro-denominated senior notes, both due 2032, sold to persons reasonably believed to be qualified institutional buyers under Rule 144A. CoreWeave reported it in an 8-K, the form a US-listed company files to disclose a major event, filed on Jun 18, 2026. The 8-K said the notes would mature on Jul 15, 2032 and pay interest semi-annually, on Jan 15 and Jul 15, beginning Jan 15, 2027. It said certain wholly owned subsidiaries guaranteed the notes on a senior unsecured basis.1^,2^,3^,4^,5^,6

CoreWeave could redeem the notes at 100% of their principal plus a make-whole premium before Jul 15, 2029. After specified kinds of change-of-control triggering events, holders could require it to repurchase them at 101% of principal plus accrued and unpaid interest. The company said it intended to use the proceeds for general corporate purposes, including repaying outstanding debt, and to pay the costs of the offering.7^,8^,9

The sale followed an announcement on Jun 11, 2026 that CoreWeave intended to offer $3.5 billion, or euro equivalents, of dollar and euro senior notes due 2032. In April 2026 it had issued $1.75 billion of 9.750% senior notes due 2031 on Apr 14 and $1.0 billion more of the same notes on Apr 21. CoreWeave later reported, in a 10-Q, revenue of $2.58 billion for the quarter ended Jun 30, 2026, against $1.21 billion a year earlier, and a net loss of $626 million, against $290 million.10^,11^,12^,13^,14^,15^,16

The 8-K says the indentures and the forms of both series of notes are filed as Exhibits 4.1 to 4.4.17