CoreWeave Taps US Junk-Debt Market Again With Bond Reopening

CoreWeave Inc. tapped the US junk-bond market for a second time in a week as the cloud infrastructure firm seizes on strong investor demand for AI-related debt.

The Livingston, New Jersey-based company sold $1 billion of additional 9.75% senior notes due 2031, according to a person with direct knowledge of the matter. The debt priced at 102 cents on dollar, the person added, asking not to be identified because details are private.