CoreWeave had to ask its largest lender, Blackstone to amend the terms of the loan and “waive” these defaults in December 2024, the report added, citing exhibits to its IPO document.

CoreWeave (NASDAQ:CRWV) signed an agreement with several creditors to increase its revolving credit facility to $1.5B from ...

Meanwhile, it has what Zitron calls a "fatal amount of debt" via loans from companies like Blackstone and Magnetar. The interest alone on CoreWeave's top two loans could be as much as $1.5 billion ...

CoreWeave CEO Mike Intrator said ... Intrator also addressed administrative issues with a loan last year in which the company faced technical defaults. The company started to use money from ...

However, in December 2024, CoreWeave asked its main lender, Blackstone (BX), to amend the agreement and waive the defaults. The loan was structured through a special purpose vehicle that used GPUs ...

Wall Street analysts initiate coverage of CoreWeave (CRWV) with Goldman Sachs, JPMorgan, Jefferies, and Barclays offering bullish calls about the cloud computing company that went public in March.