NEW YORK – Galaxy Digital Inc. () introduced Wednesday that its subsidiary Galaxy Helios Knowledge Facilities II LLC has priced a $3.507 billion personal providing of senior secured notes.
The notes carry a 9.875% rate of interest and mature on August 1, 2031. The providing is predicted to shut on July 28, 2026, topic to market and different circumstances, in keeping with a press launch assertion.
The corporate plans to make use of proceeds to finance improvement and building of two buildings containing eight knowledge halls with 400 megawatts of utility capability and 260 megawatts of crucial IT capability. The ability shall be constructed on roughly 260 acres in Dickens County, Texas. Proceeds will even fund debt service reserves.
The notes can pay curiosity semi-annually on February 1 and August 1 annually, starting February 1, 2027. The notes will amortize at 4% each year of the unique principal quantity, with funds beginning not less than ten months after mission completion.
Galaxy Helios II LLC, an entirely owned subsidiary of the issuer, will assure the notes. The notes represent senior secured obligations backed by first-priority liens on considerably all property of the issuer and guarantor, in addition to fairness pursuits of the issuer held by its direct mum or dad firm.
The notes have been provided solely to certified institutional consumers beneath Rule 144A and to non-U.S. individuals beneath Regulation S of the Securities Act. The notes haven’t been registered beneath the Securities Act.
Galaxy Digital describes itself as a supplier of digital property and knowledge heart infrastructure companies, with operations throughout buying and selling, advisory, asset administration and knowledge heart improvement.
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