Applied Digital Closes $150 million Senior Secured Note With Macquarie Equipment Capital, Inc. to Refinance Existing Credit Facility With Former Senior Lender [Yahoo! Finance]
MACQUARIE GROUP LTD S/ADR (MQBKY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Computing (“HPC”) data center campus and avoiding costly December 7, 2024 increase to the minimum return hurdle. Eliminates parent guarantee and cross collateralization of other assets, increasing flexibility for future corporate and project level debt financings. Provides further validation of Ellendale HPC project through a senior secured financing partnership with one of the world's largest infrastructure investors. DALLAS, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital" or the “Company"), a designer, builder and operator of next-generation digital infrastructure designed for HPC applications, announced today that the Company, through its subsidiary, APLD Holdings 2, LLC, closed a $150 million senior secured debt financing with Macquarie Equipment Capital, Inc., a division of Macquarie Group's Commodities and Global Markets' business (“Macquarie”). APLD Holdings 2, LLC issued a Promissory Note (the “Note”) for the full $150 mill
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