Nebius Secures $3.5 Billion Senior Secured Facility From Citi

TradingKeyOct 22, 2026 11:13 AM

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Nebius Group N.V. has secured a $3.5 billion senior secured financing facility from Citi, featuring a 364-day maturity and an initial interest rate of Term SOFR plus 2.75% per annum, subject to adjustments up to 3.50%. As an artificial intelligence cloud company, Nebius plans to deploy the capital toward data center expansion, graphics processing unit procurement, and general corporate initiatives.

AI-generated summary

Nebius Group N.V. (Nasdaq: NBIS) announced that it has entered into a $3.5 billion senior secured financing facility provided by Citi.

The facility has a 364-day maturity and initially bears interest at Term SOFR plus 2.75% per annum. The interest rate can increase to a maximum of 3.50% per annum, subject to other adjustments.

Nebius, an AI cloud company, said the proceeds will be used for data center development, GPU procurement and general corporate purposes.

This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.

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