{
  "id": 10422596,
  "title": "Hut 8 closes $1.07 billion revolving credit facility",
  "url": "https://urgent.news/2026/09/28/hut-8-closes-1-07-billion-revolving-credit-facility",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T10:36:28.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/hut-8-closes-107-billion-revolving-credit-facility-93CH-4919772"
  },
  "original_language": "en",
  "account": null,
  "summary": "Hut 8 Corp., an energy infrastructure company, has successfully closed a $1.07 billion four-year senior secured revolving credit facility. The facility, which provides committed capital at a drawn margin ranging from SOFR plus 150 to 200 basis points, was arranged by J.P. Morgan, with Citi, Goldman Sachs, and Morgan Stanley serving as Joint Lead Arrangers and Joint Bookrunners. The initial margin at closing is SOFR plus 175 basis points. The facility includes a $1.07 billion letter-of-credit sublimit to support collateral requirements for site development, and can be drawn as needed without prepayment penalties. The company plans to use the facility to fund projects through development while determining the optimal timing and structure for long-term, non-recourse financing.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Hut 8 closes $1.07B revolving credit facility",
        "url": "https://urgent.news/2026/09/28/hut-8-closes-1-07b-revolving-credit-facility",
        "published": "2026-09-28T10:39:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}