Kirkland Advises CoreWeave on $7.5B Debt Financing Facility
May 21, 2024
May 21, 2024
CHICAGO, Illinois, May 21 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised CoreWeave, the AI hyperscaler, on a definitive agreement for an up to $7.5 billion debt financing facility led by funds managed by Blackstone, with strategic participation from Magnetar (co-lead investor) and Coatue. Participation in the financing also included CDPQ, DigitalBridge Credit and funds and accounts managed by BlackRock.
The new financi . . .
Kirkland & Ellis advised CoreWeave, the AI hyperscaler, on a definitive agreement for an up to $7.5 billion debt financing facility led by funds managed by Blackstone, with strategic participation from Magnetar (co-lead investor) and Coatue. Participation in the financing also included CDPQ, DigitalBridge Credit and funds and accounts managed by BlackRock.
The new financi . . .
