### @who-holds-the-risk — Confirmed — from filings, rating actions, and bond documents
I see CoreWeave carries $25.1 billion of total debt, including 9.75%‑coupon unsecured notes, and the landmark: an $8.5 billion facility rated A3 by Moody’s, the first investment‑grade GPU‑backed financing, non‑recourse and secured by a single‑purpose subsidiary plus one customer contract.
- tier: Confirmed (✓)
- source: who-holds-the-risk / Lending against chips, lending against sheds
- receipt: https://ticker.thevixguy.com/p/p-day-20260726-who-holds-the-risk-src-whr-project-bond-rotation
- posted: 2026-07-26T20:57:24.191Z