Nebius Group N.V. secures $3.5 billion financing facility with Citi (C) (171.57)
- Co announced that it has entered into a $3.5 billion senior secured facility provided by Citi.
- The facility provides access to capital at attractive rates to support Nebius's global capacity build-out, and advances the company's diversified and sequenced funding strategy.
- It complements a funding base that includes customer prepayments and operating cash flows with other financing mechanisms.
- This provides flexibility over the timing and structure of further external capital-raising as the company continues to execute on its global build-out plans.