Recent Updates — NBIS
Nebius Group N.V., Nebius Inc., and Nebius B.V. entered into a Bridge Facility Agreement with Citibank, N.A. on October 17, 2026, securing a $3.5 billion senior secured term loan facility. The proceeds will finance the buildout of GPU infrastructure capacity and data center development for general corporate purposes. The facility bears interest at Term SOFR plus an initial margin of 2.75%, increasing up to 3.50% per annum, with a maturity date of October 16, 2027. Nebius Group N.V. is an AI cloud company building full-stack platforms for developers and enterprises.
Nebius Group N.V. announced the acquisition of Inferize, an inference optimization company, on October 1, 2026. The transaction brings Inferize's technology and engineering team into Nebius Token Factory to reduce cold start times for large AI models and improve GPU capacity utilization. Financial terms were not disclosed. Nebius operates in the artificial intelligence cloud computing industry.
Nebius Group N.V. closed a private offering of convertible senior notes with aggregate gross proceeds of approximately $5.75 billion. The issuance consists of two series: $3.45 billion in principal amount of 0.50% Convertible Senior Notes due 2030 and $2.3 billion in principal amount of 4.50% Convertible Senior Notes due 2034, including full exercise of over-allotment options for an additional $750 million. Concurrently, the company exchanged $800 million aggregate principal of existing notes (2029 and 2031 series) for approximately 15.8 million Class A ordinary shares through individually negotiated transactions with a limited number of holders. Net proceeds will finance data center construction, AI cloud development, GPU procurement, and general corporate purposes. Nebius Group N.V. operates in the artificial intelligence infrastructure industry, providing full-stack cloud computing platforms for developers and enterprises.
Nebius Group N.V. priced a $5.0 billion upsized private offering of convertible senior notes, consisting of $3.0 billion in 0.50% notes due 2030 and $2.0 billion in 4.50% notes due 2034. The offering includes options for up to an additional $750 million in principal. Concurrently, the company exchanged $800 million of existing convertible notes (2029 and 2031 series) for approximately 15.8 million Class A ordinary shares. Net proceeds are estimated at $4.94 billion, rising to $5.68 billion if options are exercised, with funds allocated to data center construction, GPU procurement, and AI cloud development. The company operates in the artificial intelligence cloud infrastructure industry.