According to CoreWeave's official statement, the neocloud operator announced Thursday morning plans to issue $3.5 billion in senior notes due in 2032, comprising both U.S. dollar- and euro-denominated debt. CoreWeave stock gained 1% in the premarket session amid the broader market rebound.
The company intends to use the proceeds for general corporate purposes, including repayment of outstanding indebtedness. CoreWeave, which went public in March 2025, has raised over $20 billion through debt offerings since its IPO to fund rapid capacity expansion for AI infrastructure and data center services.