--- title: "Two Bond Issuances in One Week! AI Infrastructure Giant CoreWeave Sells Another $1 Billion in Junk Bonds as Wall Street Gulp Down the 'High-Yield Entry Ticket'" type: "News" locale: "en" url: "https://longbridge.com/en/news/283023986.md" description: "CoreWeave returns to the junk bond market for the second time within a week, planning to issue an additional $1 billion in senior notes with a coupon of 9.75% at a premium price of 101.5 to 102 cents. The initial tranche of $1.75 billion has already risen above 102 cents, opening a favorable window for this offering. Previously, the company signed a $21 billion AI cloud agreement with Meta, while its infrastructure funding gap continues to widen" datetime: "2026-04-16T15:04:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283023986.md) - [en](https://longbridge.com/en/news/283023986.md) - [zh-HK](https://longbridge.com/zh-HK/news/283023986.md) --- # Two Bond Issuances in One Week! AI Infrastructure Giant CoreWeave Sells Another $1 Billion in Junk Bonds as Wall Street Gulp Down the 'High-Yield Entry Ticket' AI cloud infrastructure provider CoreWeave has entered the US high-yield bond market for the second time in a week, reflecting strong investor demand for AI assets and Wall Street's continued capacity to fund the AI expansion wave. On April 16, Bloomberg reported that CoreWeave plans to issue an additional $1 billion in senior notes maturing in 2031 with a **coupon rate of 9.75%**. The issuance price range is set at 101.5 to 102 cents per dollar of par value, with pricing expected as early as Thursday. The offering will be underwritten by JPMorgan Chase, Morgan Stanley, and Goldman Sachs. **Just about one week after completing its first issuance last week.** At that time, CoreWeave issued $1.75 billion of bonds from the same series priced at par. Since then, the prices of the initial tranche have steadily climbed, now exceeding 102 cents. This has created a favorable market window for this premium-priced follow-on offering. Entering the market twice in just one week not only highlights CoreWeave's urgent need to capitalize on the current financing window but also confirms the underwriting team's precise assessment of investor demand. Proceeds from this financing will primarily be used to repay existing debt and for general corporate purposes. Meanwhile, an entity related to Google data centers is seeking to issue $5.7 billion in high-yield bonds; if successful, it would become the largest AI infrastructure junk bond transaction to date. ## **Aggressive Expansion Drives Capital Needs as AI Credit Boom Intensifies** Behind CoreWeave's persistent tapping of the credit market lies **its aggressive expansion plan for its cloud computing business**. Specializing in high-end AI processor leasing services, the company has recently secured several large contracts, causing capital requirements to surge significantly. According to Bloomberg, last week CoreWeave signed a $21 billion AI cloud capacity supply agreement with Meta Platforms. Combined with an existing $14.2 billion contract, the company's infrastructure funding gap continues to widen. Consequently, it is pursuing multiple financing avenues across various levels of the credit market. Although Middle East tensions caused some borrowers to temporarily pause bond issuances, Wall Street's ability to provide financing for the AI boom remains largely unaffected. **As optimism grows regarding a long-term peace agreement in the Middle East, corporate borrowing costs have generally declined, leading to a resurgence in bond issuance activity.** At the same time, an entity linked to Google data centers is simultaneously advancing a $5.7 billion high-yield bond deal with an interest rate range of 6.25% to 6.375%, also potentially pricing on Thursday. If completed, this would set a new record for the single-issue size of junk bonds in the AI infrastructure sector. The simultaneous advancement of these two major transactions further underscores the sustained robust demand in the market for AI-related credit assets. ### Related Stocks - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [CWVX.US](https://longbridge.com/en/quote/CWVX.US.md) - [CRWG.US](https://longbridge.com/en/quote/CRWG.US.md) - [CRWU.US](https://longbridge.com/en/quote/CRWU.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [CoreWeave notches $6 billion AI deal with an unlikely customer. 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