CoreWeave plans $3.5 billion senior notes offering due 2032

CoreWeave Inc. (NASDAQ: CRWV) announced its intention to offer $3.5 billion in aggregate principal amount of senior notes due 2032, subject to market and customary conditions. The offering will include both dollar-denominated and euro-denominated notes in a private placement.

The notes will be guaranteed on a senior unsecured basis by certain wholly-owned subsidiaries of the cloud computing company. CoreWeave stated it plans to use proceeds for general corporate purposes, including repayment of outstanding debt and covering fees and expenses related to the offering.

The notes are being offered exclusively to qualified institutional buyers under Rule 144A of the Securities Act of 1933, or to non-U.S. persons in compliance with Regulation S. The securities have not been registered under the Securities Act or other jurisdictional securities laws.

CoreWeave provides cloud infrastructure services focused on artificial intelligence applications. The company completed its public listing on Nasdaq in March 2025, having been established in 2017.

The announcement includes forward-looking statements regarding the offering and use of proceeds, which the company noted could differ from actual results due to various factors including market conditions and the company's ability to complete the offering on favorable terms.

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