A post by @FirstSquawk on X.
A COREWEAVE EXEC SAYS THE WEIGHTED AVERAGE COST OF DEBT ACROSS THE ENTIRE BUSINESS WAS 7.9% AT THE END OF Q3, DOWN 250 BASIS POINTS YOY, ADDING THE COMPANY WILL NOT USE THE UNSECURED DEBT MARKET TO FUND THE BUSINESS AT CURRENT YIELDS, “NOR…
@FirstSquawk on X
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CoreWeave said its weighted average cost of debt across the entire business stood at 7.9% at the end of Q3, down 250 basis points year over year, according to an executive cited by First Squawk. The disclosure points to improving borrowing economics for the AI cloud provider even as it signals a preference for alternative funding channels over unsecured issuance. Investors will watch whether CoreWeave leans further on secured or asset-backed financing and how its cost of capital trends into year-end.
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