Financing ·
On July 10, 2026, Nebius Group N.V. subsidiaries entered into a Senior Facility Agreement for a senior secured term…
NBISNebius Group N.V.
On July 10, 2026, Nebius Group N.V. subsidiaries entered into a Senior Facility Agreement for a senior secured term loan of approximately $775 million. The facility, led by MUFG Bank, Ltd., is priced at Term SOFR plus a 2.50% margin and matures on October 31, 2030. Proceeds will finance the buildout of the company's AI cloud, with the loan secured by GPU infrastructure and contracted cash flows. The agreement includes a debt service coverage ratio covenant of 1.15:1.00 and a minimum liquidity requirement. The company intends to use this as a repeatable framework to fund over $40 billion in additional customer commitments from clients including Microsoft and Meta. Nebius is an AI cloud company that provides a full-stack platform for AI data and model training and production deployment.