<p>CoreWeave 正在进一步进入全球债务市场，计划筹集相当于 35.5 亿美元的资金，以支持其快速增长的人工智能基础设施建设。该交易包括 20 亿欧元（约合 23 亿美元）的欧元票据和 12.5 亿美元的美元票据，这可能是美国人工智能基础设施公司首次发行以欧元计价的垃圾债券。</p>
<p>摩根大通正在主导此次发行，欧元部分的收益率在 8.5% 到 8.75% 之间，美元部分的收益率约为 9.75%，据知情人士透露。欧洲的投资者需求似乎强劲，欧元账簿已经吸引了来自真实资金账户、对冲基金、信用基金和一些 CLO 的超过 70 亿的订单，因为买家希望获得对人工智能建设的敞口。</p>
<p>该交易可能会测试投资者对美国以外风险较高的与人工智能相关的信用的胃口，因为 CoreWeave 的评级为穆迪的 Ba3，标普全球评级的 B+ 和惠誉的 BB-。预计该公司今年将投资近 350 亿美元，并烧掉近 260 亿美元的现金，同时在发行了 65 亿美元的垃圾债券、66 亿美元的可转换票据和 31 亿美元的以客户芯片合同为担保的杠杆贷款后，继续依赖多种融资渠道。</p>

CRWV

摩根大通

CORD

CRWG

CWVX

CRWU

JPMO

<p>CoreWeave 正在通过全球债务市场筹集 35.5 亿美元，包括其首批以欧元计价的垃圾债券，旨在为人工智能扩展提供资金。这项发行由摩根大通主导，目标收益率为欧元 8.5%-8.75% 和美元约 9.75%。尽管 CoreWeave 的评级为投机级且现金消耗预测显著，但欧洲投资者的强劲需求表明对风险较高的人工智能信用的胃口</p>

<p>CoreWeave  is pushing further into global debt markets as it looks to raise the equivalent of $3.55 billion to fund its fast-growing AI infrastructure buildout. The deal includes 2 billion, or about $2.3 billion, in euro notes and $1.25 billion in dollar notes, marking what could be the first euro-denominated junk-bond offering from a US AI infrastructure company.</p>
<div class="lb-trans"><p>CoreWeave 正在进一步进入全球债务市场，计划筹集相当于 35.5 亿美元的资金，以支持其快速增长的人工智能基础设施建设。该交易包括 20 亿欧元（约合 23 亿美元）的欧元票据和 12.5 亿美元的美元票据，这可能是美国人工智能基础设施公司首次发行以欧元计价的垃圾债券。</p>
</div><p>JPMorgan Chase is leading the offering, with the euro tranche discussed at yields between 8.5% and 8.75% and the dollar tranche around 9.75%, according to people familiar with the matter. Investor demand in Europe appears strong, with the euro book already attracting more than 7 billion in orders from real money accounts, hedge funds, credit funds and some CLOs, as buyers look for exposure to the AI buildout.</p>
<div class="lb-trans"><p>摩根大通正在主导此次发行，欧元部分的收益率在 8.5% 到 8.75% 之间，美元部分的收益率约为 9.75%，据知情人士透露。欧洲的投资者需求似乎强劲，欧元账簿已经吸引了来自真实资金账户、对冲基金、信用基金和一些 CLO 的超过 70 亿的订单，因为买家希望获得对人工智能建设的敞口。</p>
</div><p>The deal could test how much appetite investors have for riskier AI-linked credit outside the US, since CoreWeave is rated Ba3 by Moody's, B+ by S&amp;P Global Ratings and BB- by Fitch. The company is expected to invest almost $35 billion and burn nearly $26 billion in cash this year, while continuing to rely on multiple funding channels after issuing $6.5 billion of junk bonds, $6.6 billion of convertible notes and a $3.1 billion leveraged loan backed by customer chip contracts since its May 2025 market debut.</p>
<div class="lb-trans"><p>该交易可能会测试投资者对美国以外风险较高的与人工智能相关的信用的胃口，因为 CoreWeave 的评级为穆迪的 Ba3，标普全球评级的 B+ 和惠誉的 BB-。预计该公司今年将投资近 350 亿美元，并烧掉近 260 亿美元的现金，同时在发行了 65 亿美元的垃圾债券、66 亿美元的可转换票据和 31 亿美元的以客户芯片合同为担保的杠杆贷款后，继续依赖多种融资渠道。</p>
</div>

CoreWeave Seeks $3.55 Billion in Global Debt for AI Expansion

GuruFocus

Coreweave

T-REX 2X Inverse CRWV Daily Target ETF

Leverage Shares 2X Long CRWV Daily ETF

Tradr 2X Long CRWV Daily ETF

T-REX 2X Long CRWV Daily Target ETF

Defiance Daily Target 2X Long JPM ETF

GraniteShares YieldBOOST CRWV ETF

YieldMax JPM Option Income Strategy ETF

穆迪

标普全球

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

CoreWeave 寻求 35.5 亿美元的全球债务融资以推动 AI 扩展