CleanSpark said its wholly owned subsidiary, CSDC Finance I, LLC, has completed a private placement of $2.276 billion in senior secured notes carrying a 7.875% coupon and maturing in 2031. The company said the notes have not been registered under the Securities Act of 1933. As a result, they may not be offered or sold in the United States unless they are registered or an exemption from registration applies. The announcement was reported by Odaily in a brief news update. No additional transaction details were disclosed in the provided text beyond the size of the deal, the coupon, the maturity date, and the statement on U.S. securities law restrictions.
CleanSpark said its wholly owned subsidiary, CSDC Finance I, LLC, has completed a private placement of $2.276 billion in senior secured notes. The notes carry a 7.875% coupon and are due in 2031.
The company said the notes have not been registered under the Securities Act of 1933. Unless they are registered or exempt from registration, they may not be offered or sold in the United States.
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