Core Scientific Enters Into $600 Million in Credit Deals

07:15 AM EDT, 08/27/2026 (MT Newswires) -- Core Scientific (CORZ) has entered into $600 million worth of committed senior secured credit facilities, consisting of a $100 million revolving credit facility and a $500 million letter of credit facility, the company said Thursday. The proceeds under the revolving credit facility may be used for general corporate purposes and while the letter of credit facility may be used for credit support for specific project obligations, the company said.