CleanSpark Announces $2.276 Billion Senior Secured Notes Offering
CleanSpark, Inc., a leading data center developer, announced the pricing of a $2.276 billion offering of senior secured notes due in 2031 with an interest rate of 7.875%. The private placement is expected to close on September 25, 2026, and will be offered under Rule 144A and Regulation S exemptions from U.S. securities registration requirements. The proceeds are intended for the completion of the Sandersville Facility data center project, reimbursement of prior equity contributions by CleanSpark, and funding debt service reserves. The notes will be guaranteed by a subsidiary of CleanSpark and secured by first-priority liens on most assets of the issuer and its subsidiaries. CleanSpark has also committed to providing a completion guarantee if needed. The offering is subject to customary closing conditions and market factors, with no assurance that it will proceed as planned or at all.
Tickers: $CLSK
Topics: bond issuance data center development senior secured notes