Re:CoreWeave bond yield tops 16% as AI credit stress rises
by reverius42 on Tuesday November 10, 2026 @02:46AM
(#50437281)
Indeed, that's what's crazy about CoreWeave's bond rate being so high. They're actually paying it?!
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Re:CoreWeave bond yield tops 16% as AI credit stress rises
by otterley on Tuesday November 10, 2026 @02:57AM
(#50437365)
Unless they issued the bonds with a call option, yes.
Re:CoreWeave bond yield tops 16% as AI credit stress rises
by Ekaros on Tuesday November 10, 2026 @03:16AM
(#50437471)
CoreWeave pays 9.625%. But someone expected them to not be able to meet that so they sold what debt they had at discount to someone who now effectively gets 16% on amount they paid for.
Still, this means that people would only be willing to loan new money to them at that 16% rate.