IREN Ltd - 8-K Filing
IREN Ltd's subsidiary secured $3.6 billion in financing to support its GPU infrastructure for a Microsoft contract, including a $1.5 billion delayed draw term loan facility and $2.1 billion of senior notes due 2031 with a fixed interest rate of 5.96%. The Parent company provided limited guarantees related to the subsidiary's obligations under managed services agreements. (Items: 1.01 Entry Into a Material Definitive Agreement, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant)
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