Nebius Secures $3.5 Billion Citi Facility; Larger Asset-Backed Loans Still to Come
Nebius said it secured a $3.5 billion senior secured facility from Citi. COO Ophir Nave said the company is sequencing its financing, with larger asset-backed loans still to come.
Nebius (NBIS) shares dipped in morning trade on Thursday amid the broader market sell-off after the company announced it had secured a $3.5 billion senior secured facility from Citi.Chief Operating Officer Ophir Nave said it shows the Nvidia (NVDA)-backed company can choose “when and how we raise c…