TeraWulf Increases Revolving Credit Facility to About $400 Million From $250 Million
- TeraWulf increased senior secured revolving credit commitments from $250 million to approximately $400 million effective Oct. 23, 2026.
- An uncommitted accordion allows approximately $150 million in additional commitments, subject to lender availability and other conditions.
- The amendment eliminates the $150 million sublimit on letters of credit.
- Morgan Stanley Senior Funding is administrative and collateral agent under the credit agreement originally dated May 7, 2026.
- Collateral may be released from the agent’s security interest upon satisfaction of specified conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terawulf Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-067100), on October 23, 2026, and is solely responsible for the information contained therein.