CoreWeave plans $4 billion investment-grade loan

CoreWeave is preparing to raise at least $4 billion through an investment-grade loan facility led by Morgan Stanley and Mitsubishi UFJ, Bloomberg reported, at an anticipated yield of 7 to 7.5 percent, roughly half the yield on its existing high-yield debt.

Why it matters: Structuring the borrowing against its hardware and customer contracts, as in its $8.5 billion March transaction, is CoreWeave's route to cheaper capital despite a junk rating, and the terms it achieves will be read as a market verdict on AI infrastructure credit.

Data as of Bloomberg report of November 11, 2026, as carried by Investing.com and read in full via the estate browser route. Single report based on unnamed sourcing; terms remain subject to change and the facility has not been announced by CoreWeave. Developing item.

CoreWeave is preparing to raise at least $4 billion through an investment-grade loan facility, Bloomberg reported on Wednesday, in a transaction led by Morgan Stanley and Mitsubishi UFJ Financial Group that would be syndicated in phases and could launch as early as next week. Early pricing discussions point to an anticipated yield between 7 percent and 7.5 percent, roughly half the prevailing yield on the company’s existing high-yield debt.

The facility would be structured around CoreWeave’s computing hardware and underlying customer commitments, mirroring an $8.5 billion investment-grade transaction completed in March that was secured against long-term contracts with Meta Platforms, with a floating-rate tranche at 2.25 percentage points over SOFR and a fixed-rate tranche priced near 5.9 percent. The plan follows Tuesday’s raised full-year revenue outlook of $13 billion to $13.3 billion, above Wall Street’s $12.9 billion consensus.

CoreWeave plans $4 billion investment-grade loan

Sources