AI cloud firm Nebius has entered into a $775 million senior secured debt facility.
The company will use the proceeds to support its global buildout.
– Charlotte Trueman
The funding is Nebius' first senior secured debt facility and is backed by the company's already deployed GPU infrastructure and contracted cash flow from deals with an investment-grade customer.
The facility will mature at the end of October 2030, priced at a Secured Overnight Financing Rate (SOFR) of +2.50 percent. Nebius said that the facility, combined with cash flows from the customer agreement, will cover the capex needed for the customer deployment.
