Tue, May 6, 2025
CoreWeave upsizes JPMorgan revolving credit facility to $1.5 billion
Key points
- Amendment No. 3 to the JPMorgan-led revolving credit and guaranty agreement signed May 2, 2025
- Revolving credit facility increased from $650.0 million to $1.5 billion
- Letters of credit facility increased from $175.0 million to $350.0 million
- Maturity extended to May 2, 2028, with a springing maturity of December 30, 2026 tied to former Series C investors' put rights