CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI™, has announced that it entered into an agreement to increase its revolving credit facility to US$2.5 billion. The amended agreement provides enhanced flexibility and enables CoreWeave to support its growth initiatives. The facility is led by JPMorgan Chase Bank, Goldman Sachs, Morgan Stanley, and MUFG.
Latham & Watkins LLP represented the lead arrangers in the financing with a team led by partners Michele Penzer, Paul Bonewitz, and Keith Halverstam, with associates Sharon Yin, and Eric Raff, with assistance from Stephen Young.
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