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CoreWeave Announces Closing of $2,000 million of Senior Notes Offering

1. CoreWeave closed a $2 billion private offering of senior notes. 2. The notes carry a 9.250% interest rate, maturing June 1, 2030. 3. Proceeds will be used for general corporate purposes and to repay debt. 4. The offering targets qualified institutional buyers under specific regulations. 5. CoreWeave expands its presence as an AI cloud solutions provider.

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Why Bullish?

The successful note offering indicates strong investor confidence and capital availability, which can lead to growth initiatives. Historically, similar offerings have led to positive market sentiment if funds are appropriately utilized to stabilize or expand operations.

How important is it?

The article discusses a significant financial maneuver, reflecting positively on CoreWeave's future financial health and operational expansion. Given the substantial amount raised, it directly impacts investor sentiment and market positioning.

Why Long Term?

The use of proceeds for debt repayment and corporate purposes positions CoreWeave for future stability and growth, which could take time to materialize in stock price performance.

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NVDAAMDMSFT
, /PRNewswire/ -- CoreWeave, Inc. (Nasdaq: CRWV) ("CoreWeave") announced that it has closed its previously announced private offering of $2,000 million aggregate principal amount of 9.250% senior notes due 2030 (the "Notes") on May 27, 2025. The Notes have a maturity date of June 1, 2030. The Notes are guaranteed on a senior unsecured basis by CoreWeave Cash Management LLC, a wholly-owned subsidiary of CoreWeave. CoreWeave intends to use the proceeds from the offering of the Notes for general corporate purposes, including, without limitation, repayment of outstanding indebtedness, and to pay fees, costs and expenses in connection with the offering of the Notes. The Notes and related guarantees were offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), or to persons other than "U.S. persons" in compliance with Regulation S under the Securities Act. The Notes and related guarantees have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. This press release is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About CoreWeaveCoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company's technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements regarding the expected use of proceeds from the Notes offering, which statements are based on current expectations, forecasts, and assumptions and involve risks and uncertainties that could cause actual results to differ materially from expectations discussed in such statements. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including, but not limited to, general market, political, economic and business conditions. These factors, as well as others, are discussed in CoreWeave's filings with the Securities and Exchange Commission, including the sections titled "Special Note Regarding Forward-Looking Statements" and "Risk Factors" in CoreWeave's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025. All forward-looking statements contained herein are based on information available as of the date hereof and CoreWeave does not assume any obligation to update these statements as a result of new information or future events. SOURCE CoreWeave WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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