01:56 PM EDT, 05/28/2025 (MT Newswires) -- CoreWeave ( CRWV ) said Wednesday it completed a private sale of $2 billion in senior notes which carry a 9.25% interest rate and will mature on June 1, 2030.

The company's CoreWeave Cash Management unit has guaranteed the notes on a senior unsecured basis, CoreWeave ( CRWV ) said.

The company plans to use the funds for general business needs, which may include paying off existing debt and covering offering-related costs, it added.

Shares of the company were down about 4.9% in recent trading.

Price: 117.88, Change: -6.09, Percent Change: -4.91