CoreWeave completes $4.2 billion convertible notes offering

On September 22, 2026, CoreWeave completed a private offering of $4.2 billion of 2.875% convertible senior notes due 2033, including $500 million from an option the initial purchasers exercised in full.

CoreWeave said net proceeds were $4.137 billion, after initial purchasers' discounts and before estimated offering expenses. If the initial purchasers exercise their option to purchase additional Notes, CoreWeave said it intends to use part of the proceeds to fund capped call transactions and the rest for general corporate purposes.