Nebius Secures $775M Inaugural Debt Deal to Fuel AI Cloud Expansion
NBIS has more than doubled off its 52-week low of $49.
Summary
Nebius closed its first-ever secured debt facility, raising $775 million at SOFR + 2.50% maturing in 2030. The loan is backed by deployed GPU infrastructure and contracted cash flows from an investment-grade customer, covering more than 100% of the related capex. The deal was significantly oversubscribed, signaling strong lender confidence. Proceeds will accelerate the global buildout of its full-stack AI cloud platform. With over $40 billion in additional contracted revenue from names like Microsoft and Meta, Nebius expects to replicate this asset-level financing model. This follows a series of aggressive expansion moves, including a $2.15 billion UK data center plan and a gigawatt-scale Missouri campus groundbreaking in May.
At the time of this announcement, NBIS was trading at $167.60 on NASDAQ in the Technology sector, with a market capitalization of approximately $43.2B. The 52-week trading range was $49.00 to $299.86. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.