ConfirmedObserved 15 Jul 2026First recorded 15 Jul 2026
New asset-backed facility: $775M
SOFR + 250bps, secured against deployed GPU infrastructure and contracted cash flows from an investment-grade customer. Described as a repeatable framework against a backlog of more than $40B.
Why it matters
Asset-backed financing can fund deployed infrastructure without issuing the same amount of equity.
Evidence boundary
The record is linked directly to the primary or public source.