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Primary: Crusoe Launches $509M Senior Secured DDTL Due November 2030 to Finance GPU Capital Expenditures; Price Talk at S+475-500 Bps, 98.5 OID; Lender Call at 11:30 am ET
For covenant analysis of this transaction, please submit the loan documents to [email protected]. *** CRUSOE GPU DDTL – LENDER CALL INVITATION, PRICE TALK & TIMING *** Date: TODAY – Thursday, September 10, 2026 Time: 11:30AM EST Lender Call Commitments Due: Wednesday – September 23, 2026 @ 12:00 PM EST Borrower: IS AN03 LLC Subsidiary Guarantor: Crusoe Iceland III ehf. Sponsor: Crusoe Inc. DDTL Facility: ~$509mm Senior Secured Term Loan Dial-in Details: Registration Link: https://evercall.co/events/crusoe-global-lender-call To participate in the conference call, register using the link above to: Receive a calendar invitation with call access details Receive replay details Evercall is our service provider for this call, look for emails from them to verify your email address (one-time) and for registration confirmation. Price Talk: Tenor: November 2030 Margin: S+475-500 Floor: 0.00% OID: 98.5 Amortization: Fully amortizes over contract term Financial Covenant: 1.075x DSCR Debt Sizing: Debt sized by tranche to the lower of 75% LTC and 1.30x sculpted DSCR Call Pro: NC1; 102/101 Sole Arranger: GS UoP: To (a) finance, or reimburse the Parent Pledgor (or its Affiliates (other than the Borrower))[...]