Hut 8 closes $1.07 billion senior secured revolving credit facility led by J.P. Morgan

Bitget2026/09/28 10:32

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Hut 8 closed a USD 1.07 billion four-year senior secured revolving credit facility to boost parent-level liquidity.
Drawn pricing ranges from SOFR +150 to 200 basis points, set initially at SOFR +175 basis points.
Facility includes a USD 1.07 billion letter-of-credit sublimit to reduce cash collateral needs tied to development obligations.
J.P. Morgan led the syndicate as administrative agent, with Citi, Goldman Sachs, Morgan Stanley as joint lead arrangers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hut 8 Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: FL57452) on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hut 8 closes $1.07 billion senior secured revolving credit facility led by J.P. Morgan

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