Applied Digital与麦格理设备资本完成1.5亿美元高级担保票据

2024-12-02 21:21

Digital infrastructure solutions and cloud services provider Applied Digital (NASDAQ:APLD) and its unit has entered into a promissory note with Macquarie Equipment Capital for a loan of $150M.
APLD shares were trading +0.79% Monday pre-market at $10.18.
The promissory note, which is expected to carry an interest of 0.25% per annum, was fully drawn on Nov. 27.
The promissory note is expected to mature on the earlier of the date of acceleration of the loan or May 27, 2026.
The proceeds will be used, in part, to prepay obligations.
As partial consideration for the loan, APLD issued to the lender warrants to purchase up to 1.04M shares of common stock in a private placement. The warrants will have an exercise price of $9.66 per share.
Source: Press Release

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