IPO filings: CoreWeave, set to launch a $32B IPO on March 28, violated key terms of a $7.6B Blackstone loan in 2024, triggering a series of technical defaults (Financial Times)

Financial Times: IPO filings: CoreWeave, set to launch a $32B IPO on March 28, violated key terms of a $7.6B Blackstone loan in 2024, triggering a series of technical defaults  —  US cloud company seeking blockbuster $32bn IPO had to remedy serious administrative errors in December

Mar 26, 2025 - 16:20
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IPO filings: CoreWeave, set to launch a $32B IPO on March 28, violated key terms of a $7.6B Blackstone loan in 2024, triggering a series of technical defaults (Financial Times)

Financial Times:
IPO filings: CoreWeave, set to launch a $32B IPO on March 28, violated key terms of a $7.6B Blackstone loan in 2024, triggering a series of technical defaults  —  US cloud company seeking blockbuster $32bn IPO had to remedy serious administrative errors in December