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Nebius completes approximately $775 million in senior secured debt financing to expand its AI cloud platform

2026-07-17 15:18:43

Mars Finance reports that neocloud company Nebius announced it has completed its first tranche of approximately $775 million in senior secured debt financing. The proceeds will be used to expand its AI cloud platform, supported by deployed GPU infrastructure and cash flow from investment-grade customer contract revenues. The debt financing will mature in 2030 and carries an interest rate of SOFR + 2.5%. Nebius currently has more than $40 billion in contract revenue from customers including Microsoft and Meta.

NBISG6.58%

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