CoreWeave's amended credit agreement limits equity cures to 3 months in any 4 from 28 October

From 28 October, CoreWeave can no longer patch a failed test on one of its delayed-draw loans with fresh equity every month, per its amended credit agreement. Cures remain allowed but in no more than 3 months running out of any 4. Fermi paid $25 million in fees on 16 October.

Detected & updated continuously · Source: Nebula