Nebius raises $775 million in first secured debt financing to accelerate global buildout
AI Briefing
- • Nebius Group N.V. raises $775 million in secured debt financing to accelerate AI cloud platform buildout.
- • The facility is backed by deployed GPU infrastructure and contracted cash flows from an investment-grade customer.
- • The debt matures on October 31, 2030, with proceeds used to further global expansion.
Source Summary
AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. (Nasdaq: NBIS), the AI cloud company, today announced that it has entered into its first senior secured debt facility for approximately $775 million. Nebius intends to use the proceeds of the transaction to further accelerate the global build-out of its full-stack AI cloud platform. The vehicle is backed by deployed GPU infrastructure and contracted cash flows from an agreement with an investment-grade customer. The facility matures October 31, 2030
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