CoreWeave Plans $4 Billion Investment-Grade Loan Offering

CoreWeave Inc. plans to raise at least $4 billion through an investment-grade loan offering. The AI computing supplier is pursuing the financing following an increase in its annual sales forecast, a move that has eased investor concerns regarding the company's existing debt levels.

Morgan Stanley and Mitsubishi UFJ Financial Group Inc. are leading the potential deal. The financing may be syndicated to investors in phases, and the offering could enter the market as early as next week, though plans have not yet been finalized.