Applied Digital Gets Goldman Sachs-Led $300M Bridge Loan for AI Data Center

Applied Digital secured a $300 million Goldman Sachs-led senior secured bridge loan for its AI data center project. The financing is collateralized by project assets. Applied Digital said the loan can be repaid early without penalty and that it plans to seek additional long-term financing.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin