Latham Advises on CoreWeave’s US$1 Billion Senior Notes Offering
CoreWeave, Inc. (Nasdaq: CRWV) has announced that it priced a private offering of US$1 billion aggregate principal amount of 9.750% senior notes due 2031. The notes will have a maturity date of October 1, 2031. The closing of the offering of the notes is expected to occur on April 21, 2026, subject to customary closing conditions. The notes will be issued at an issue price equal to 102.000% of the principal amount thereof and will be guaranteed on a senior unsecured basis by certain wholly owned subsidiaries of CoreWeave. The notes are being offered as additional notes under the indenture, dated as of April 14, 2026, pursuant to which CoreWeave previously issued US$1.750 billion in aggregate principal amount of 9.750% senior notes due 2031.
Latham & Watkins LLP represented the initial purchasers in the offering with a corporate team led by partners Keith Halverstam and Salvatore Vanchieri, with associates Kathleen Mehary, Gabriella Tang, Bridget Carmody, and Ed Reynolds. Advice was also provided on tax matters by partner Rene de Vera, with associate Sam Yang.