// Record #24 — financing facility
Financing: Nscale — PIMCO, Blue Owl, LuminArx
Feb 2026 · United Kingdom
// Facts, as published
- Facility
- GPU-backed delayed draw term loan
- Structure
- delayed draw term loan
- Currency
- USD
- Announced amount
- $1.4bn
- Amount qualifier
- exact
- Announced
- 1 Feb 2026
- Rate type
- floating
- Benchmark
- SOFR
- Spread (bps)
- 500
- Collateral, as described
- GPU-backed
- Purpose
- Deploy large-scale GPU clusters in Europe
- Drawn amount
- Not disclosed
// Curator note
Pricing (SOFR + 5%) per Nscale S-1. Drawn amount not disclosed.
// Parties
// Evidence
Archived primary
capture #1811 · 22 Oct 2026 · HTTP 200 · sha256 f8b5cedbbaf1b4b26559155d3c499cc242239dd5ce0b3f6ea73a39e46eab6a71
// Version history
| Version | Status | Grade | Rights | Recorded | Reason |
|---|---|---|---|---|---|
| v1 | draft | B | pending_review | 22 Oct 2026 | created |