Latham & Watkins has advised Citi as mandated lead arranger on a US$3.5 billion senior secured facility for Nebius Group N.V. (Nasdaq: NBIS), the AI cloud digital infrastructure company. The facility supports Nebius’s global capacity build-out and advances the company’s diversified and sequenced funding strategy. The proceeds will be used for data center development and GPU procurement, as well as for general corporate purposes.
Latham represented the mandated lead arranger with a team led by partners Jennifer Engelhardt, Dan Maze, and Roberto Reyes Gaskin, with associates Philipp Hagenbuch, Matthias Haberstig, Alexander Peters, and Prasanth Ramaswamy.
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