CRWV.O News & Events

Mixed options sentiment in CoreWeave Inc (CRWV), with shares up $6.71, or 9.7%, near $75.86. Options volume roughly in line with average with 133k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.97. Implied volatility (IV30) dropped 6.82 near 89.11,and below the 52wk median, suggesting an expected daily move of $4.26. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at BofA.

CoreWeave closed an $8.5B delayed draw term loan facility, supporting the continued expansion of its AI cloud platform. The DDTL 4.0 Facility received ratings of A3 by Moody's and A by DBRS, respectively, representing the first investment-grade rated financing secured by HPC infrastructure and an associated customer contract. The structure enables CoreWeave to borrow up to approximately $7.5B initially, with the ability to increase total borrowing capacity to $8.5B as underlying assets reach stabilization. The facility is designed to provide enhanced access to low-cost capital to support CoreWeave's continued investment to meet customer demand.The facility builds on CoreWeave's sustained momentum, including securing equity and debt financing commitments that now total approximately $28B in the past 12 months.