🇺🇸Nebius (NBIS) entered a $775 million facility at Secured Overnight Financing Rate plus 2.50%, collateralized by GPU infrastructure and contracted customer cash flows.

Nebius Group N.V. disclosed that it entered its first senior secured debt facility on July 10, 2026. The facility has an aggregate principal amount of approximately $775 million and matures on October 31, 2030.

Interest is set at the Secured Overnight Financing Rate (SOFR) plus 2.50%. The collateral consists of deployed graphics processing unit (GPU) infrastructure and contracted cash flows from a customer agreement with an investment-grade counterparty.

Nebius said it intends to use the proceeds to continue expanding its AI cloud infrastructure. The company separately described the financing vehicle as backed by the deployed hardware and contracted customer cash flows.