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Update: CoreWeave Plans Private Offering of $1 Billion Senior Notes

BY MT Newswires | CORPORATE | 09:29 AM EDT

09:29 AM EDT, 04/16/2026 (MT Newswires) -- (Updates to add information from a Bloomberg News report in the fourth, fifth and sixth paragraphs.)

CoreWeave (CRWV) said Thursday it plans to offer $1 billion in a private offering of 9.750% senior notes due 2031.

The notes will be guaranteed by certain CoreWeave (CRWV) subsidiaries and issued as additional notes under an existing indenture tied to $1.75 billion of previously issued 9.750% notes, the company said.

Proceeds will be used for general corporate purposes, including debt repayment and related expenses, CoreWeave (CRWV) said.

The debt is being marketed at 101.5 to 102 cents on the dollar and could be sold as soon as Thursday, Bloomberg News reported, citing a source.

JPMorgan Chase (JPM), Morgan Stanley (MS) and Goldman Sachs Group (GS) are managing the offering, according to the report.

Bloomberg reported that CoreWeave (CRWV) raised $1.75 billion in an initial 2031 notes sale last week, and the bonds have since traded above 102 cents, citing Trace pricing data.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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