CoreWeave, Inc. (Nasdaq: CRWV) (CoreWeave) has announced that it priced a private offering of US$1.25 billion aggregate principal amount of 9.625% senior notes due 2032 and €2 billion aggregate principal amount of 8.500% senior notes due 2032 (collectively, the Notes). The Notes will have a maturity date of July 15, 2032. The closing of the offering of the Notes is expected to occur on June 18, 2026, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis by certain wholly owned subsidiaries of CoreWeave.
Latham & Watkins LLP represents the initial purchasers in the offering with a Capital Markets team led by partners Keith Halverstam and Salvatore Vanchieri, with associates Kathleen Mehary, Gabriella Tang, and Jessmine Lee. Advice was also provided on tax matters by partner Rene de Vera, with associate Sam Yang.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
