CoreWeave raises $1.75 billion in senior notes offering

CoreWeave Inc. (NASDAQ: CRWV) priced a private offering of $1.75 billion in 9.750% senior notes due 2031, representing a $500 million increase from the previously announced offering size.

The cloud computing company will issue the notes at par value with a maturity date of October 1, 2031. The offering is expected to close on April 14, 2026, subject to customary closing conditions. Certain wholly-owned subsidiaries of CoreWeave will guarantee the notes on a senior unsecured basis.

CoreWeave plans to use proceeds for general corporate purposes, including repaying outstanding debt and covering offering-related fees and expenses.

The notes were offered exclusively to qualified institutional buyers under Rule 144A of the Securities Act of 1933 and to non-U.S. persons under Regulation S. The securities have not been registered under the Securities Act.

CoreWeave provides cloud computing infrastructure focused on artificial intelligence workloads. The company was established in 2017 and completed its public listing on Nasdaq in March 2025.

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