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CitiNew customer

Hut 8 Secures $1.07 Billion Four-Year Senior Secured Revolving Credit Line

What happened

Citi served as a Joint Lead Arranger and Joint Bookrunner for Hut 8 Corp.'s $1.07 billion credit facility.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Hut 8 Corp. ( HUT ) announced on September 28, 2026 the closing of a $1.07 billion four-year senior secured revolving credit facility, provided by a syndicate of 12 lenders. J.P. Morgan acted as Lead Left Arranger and Bookrunner and serves as Administrative Agent, while Citi, Goldman Sachs ( GS ) and Morgan Stanley ( MS ) served as Joint Lead Arrangers and Joint Bookrunners. The Miami-based company describes itself as an energy infrastructure platform integrating power, digital infrastructure and compute at scale to fuel energy-intensive technologies such as AI, high-performance computing and ASIC compute. Hut 8 said the facility strengthens parent-level liquidity and broadens its access to capital as it pursues an investment-grade corporate profile. The company said the financing builds on $7.5 billion of fully amortizing, non-recourse investment-grade project financing funding development and construction at its River Bend and Beacon Point AI data center campuses. Borrowings under the facility carry a drawn margin ranging from SOFR plus 150 to 200 basis points, set according to the company's consolidated total debt-to-market-capitalization ratio, with an initial margin of SOFR plus 175 basis points at closing. Subject to customary conditions, borrowings can be drawn as needed and repaid without prepayment penalties. The facility includes a $1.07 billion letter-of-credit...

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Extracted by Autobound

From the Signal API record
Event
New customer

What this signalsA new customer often means more work to staff, deliver and support.

Amount named
$1.1B
Takes effect
Sep 28, 2026

Companies

  • Hut 8 Corp.Clienthut8.com

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The full record

From the Signal API record

Numbers

Amount named in the story
$1.1B

Extraction

Confidence
90%
Detected
Sep 28, 2026
signal_type
news
signal_subtype
signs_new_client

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/9b4ec4ac-917c-1f62-02a5-1d4ffacd9a77 returns this record as JSON. POST /v1/companies/enrich returns every signal for citi.com.

{
  "signal_id": "9b4ec4ac-917c-1f62-02a5-1d4ffacd9a77",
  "signal_type": "news",
  "signal_subtype": "signs_new_client",
  "detected_at": "2026-09-28T10:57:02+00:00",
  "company": {
    "name": "Citi",
    "domain": "citi.com"
  },
  "data": {
    "url": "https://www.securities.io/hut-8-secures-1-07-billion-four-year-senior-secured-revolving-credit-line/",
    "title": "Hut 8 Secures $1.07 Billion Four-Year Senior Secured Revolving Credit Line - Securities.io",
    "excerpt": "Hut 8 Corp. ( HUT ) announced on September 28, 2026 the closing of a $1.07 billion four-year senior secured revolving credit facility , provided by a syndicate of 12 lenders. J.P. Morgan acted as Lead Left Arranger and Bookrunner and serves as Administrative Agent, while Citi, Goldman Sachs ( GS ) and Morgan Stanley ( MS ) served as Joint Lead Arrangers and Joint Bookrunners. The Miami-based company describes itself as an energy infrastructure platform integrating power, digital infrastructure and compute at scale to fuel energy-intensive technologies such as AI, high-performance computing and ASIC compute. Hut 8 said the facility strengthens parent-level liquidity and broadens its access to capital as it pursues an investment-grade corporate profile. The company said the financing builds on $7.5 billion of fully amortizing, non-recourse investment-grade project financing funding development and construction at its River Bend and Beacon Point AI data center campuses. Borrowings under the facility carry a drawn margin ranging from SOFR plus 150 to 200 basis points, set according to the company’s consolidated total debt-to-market-capitalization ratio, with an initial margin of SOFR plus 175 basis points at closing. Subject to customary conditions, borrowings can be drawn as needed and repaid without prepayment penalties. The facility includes a $1.07 billion letter-of-credit...",
    "summary": "Citi served as a Joint Lead Arranger and Joint Bookrunner for Hut 8 Corp.'s $1.07 billion credit facility.",
    "planning": false,
    "image_url": "https://www.securities.io/wp-content/uploads/2026/09/hut-8-closes-1-07-billion-four-year-senior-secured-revolver.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-28T10:57:02Z",
    "effective_date": "2026-09-28",
    "article_sentence": "J.P. Morgan acted as Lead Left Arranger and Bookrunner and serves as Administrative Agent, while Citi, Goldman Sachs ( GS ) and Morgan Stanley ( MS ) served as Joint Lead Arrangers and Joint Bookrunners.",
    "amount_normalized": 1070000000,
    "related_company_name": "Hut 8 Corp.",
    "related_company_domain": "hut8.com"
  }
}

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