CoreWeave prices $1.25 billion and €2 billion senior notes offering

CoreWeave Inc. (NASDAQ: CRWV) announced the pricing of a private offering consisting of $1.25 billion in 9.625% senior notes due 2032 and €2 billion in 8.500% senior notes due 2032.

The notes will mature on July 15, 2032, and are expected to close on June 18, 2026, subject to customary closing conditions. Both series will be issued at par and guaranteed on a senior unsecured basis by certain wholly-owned subsidiaries of the cloud computing company.

CoreWeave stated it intends to use the proceeds for general corporate purposes, including repayment of outstanding debt and covering fees and expenses related to the offering.

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 infrastructure services focused on artificial intelligence workloads. The company went public on Nasdaq in March 2025 after being established in 2017.

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