August 3, 2023

Milbank Advises Lenders in Innovative $2.3B Structured GPU Cloud Financing

Share

In a transaction that closed on July 30, 2023, Milbank LLP represented a group of lenders in a $2.3 billion structured debt facility for CoreWeave, Inc., a specialized provider of large-scale GPU-accelerated workloads. 

The Milbank deal team was led by Alternative Investments partner Michael Urschel, Global Project, Energy and Infrastructure Finance partner Jaime Ramirez and Transportation and Space partner Patrick Campbell, along with special counsels Kristina Hokenberg and Lafayette Greenfield and associates Joshua Singer, Morgan Lingar, Mitch Cooper, James Wang, Darren Fernandez and others.