people · May 19, 2026
CoreWeave Closes $3.1 Billion Delayed Draw Term Loan Facility
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CoreWeave, Inc. closed its $3.1 billion delayed draw term loan facility on May 18, 2026. The DDTL 5.0 Facility supports continued expansion of its AI cloud platform and committed customer deployments. The facility marks the first publicly syndicated HPC infrastructure-backed financing vehicle, significantly expanding the addressable investor base for AI infrastructure financing and enabling secondary market trading. The DDTL 5.0 Facility has a maturity of approximately 5.5 years and was issued through CoreWeave Financing DDTL V, LLC.
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