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Nebius Group signs $3.5B secured loan facility

The loans carry a stepped interest margin and are secured by substantially all borrower assets, subject to stated exceptions.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

Nebius Group N.V. entered into a senior secured term loan facility with an aggregate principal amount of $3.5 billion on October 17, 2026. Nebius Inc. and Nebius B.V. are also borrowers. The facility is for financing GPU infrastructure capacity buildout and other general corporate purposes; stated uses also include data center development and GPU procurement.

Loans bear interest at Term SOFR plus an applicable margin starting at 2.75% per annum, increasing by 0.25% for each 90-day period after October 17, 2026, up to 3.50% per annum, subject to other adjustments. The facility matures October 16, 2027. It is secured by a security interest in substantially all borrower assets, including shares of Nebius Inc. and Nebius B.V. held by Nebius Group, subject to excluded assets and permitted liens. It includes a minimum liquidity financial covenant; other affirmative and negative covenants are subject to exceptions, and customary events of default are subject to grace periods and thresholds.

Aggregate principal amount $3.5 billion Senior secured term loan facility
Initial applicable margin Term SOFR + 2.75% per annum Initial loan interest terms
Maximum applicable margin 3.50% per annum Subject to other adjustments
Margin increase 0.25% per 90-day period After October 17, 2026
Maturity date October 16, 2027 Facility maturity
Term SOFR financial
"Loans bear interest at Term SOFR plus an applicable margin"
Term SOFR is a benchmark interest rate that reflects the cost of borrowing money over a specific period, based on actual transactions in the financial markets. It is used by lenders and borrowers to set the interest rates on loans and financial contracts, helping to ensure rates are fair and transparent. For investors, understanding term SOFR helps gauge borrowing costs and the overall direction of interest rates in the economy.
senior secured term loan facility financial
"provides for a senior secured term loan facility"
A senior secured term loan facility is a type of borrowed money that a company takes out, which is backed by its valuable assets like property or equipment. Because it is secured by these assets and ranks higher in repayment priority, it is considered safer for lenders and typically offers lower interest rates. For investors, it provides a relatively stable and priority claim on the company's assets if it encounters financial difficulties.
minimum liquidity financial covenant financial
"contains a minimum liquidity financial covenant"
permitted liens financial
"subject to exceptions for excluded assets and permitted liens"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much financing did NBIS secure, and what will it fund?

Nebius Group entered into a facility with an aggregate principal amount of $3.5 billion. Stated uses include GPU infrastructure capacity buildout, data center development, GPU procurement and other general corporate purposes.

What interest rate applies to the NBIS facility?

Loans bear interest at Term SOFR plus an applicable margin starting at 2.75% per annum. The margin increases by 0.25% for each 90-day period after October 17, 2026, up to 3.50% per annum, subject to other adjustments.

Can the borrowers prepay the NBIS facility?

The borrowers may voluntarily prepay loans under the facility without premium or penalty.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

October 22, 2026

 

NEBIUS GROUP N.V.

 

Burgerweeshuispad 101

1076 ER Amsterdam, the Netherlands.

Tel: +31 202 066 970

(Address, Including ZIP Code, and Telephone Number,

Including Area Code, of Registrant’s Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x     Form 40-F ¨

 

 

 

 

 

 

CREDIT FACILITY

 

On October 17, 2026, Nebius Group N.V., a Dutch public company with limited liability (the “Company”), Nebius Inc., a Delaware limited liability company (the “US Borrower”), and Nebius B.V., a Dutch private limited liability company (the “Dutch Borrower” and together with the Company and US Borrower, the “Borrowers”), entered into a Bridge Facility Agreement (the “Facility Agreement”) with Citibank, N.A., as mandated lead arranger and lender and certain of its affiliates as agent and security agent. The Facility Agreement provides for a senior secured term loan facility in an aggregate principal amount of $3.5 billion for the purpose of financing the buildout of the Borrowers’ GPU infrastructure capacity and for other general corporate purposes.

 

Loans under the Facility Agreement bear interest at Term SOFR plus an applicable margin commencing at 2.75% per annum and increasing by 0.25% for each 90-day period after October 17, 2026 up to 3.50% per annum (subject to other adjustments). The Borrowers may voluntarily prepay loans under the Facility Agreement without premium or penalty. The maturity date of the Facility Agreement is October 16, 2027.

 

The Facility Agreement contains a minimum liquidity financial covenant, other affirmative and negative covenants subject to exceptions and customary events of default subject to grace periods and thresholds.

 

The obligations under the Facility Agreement are secured by a security interest on substantially all of each Borrower’s assets, including all of the shares of the US Borrower and Dutch Borrower held by the Company, subject to exceptions for excluded assets and permitted liens.

 

A press release announcing the signing of the Facility Agreement is attached as Exhibit 99.1.

 

INDEX TO EXHIBITS

 

Exhibit No. Description
99.1 Press release of Nebius Group N.V., dated October 22, 2026, announcing signing of the Facility Agreement.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  NEBIUS GROUP N.V.
     
Date: October 22, 2026 By: /s/ NATHALIE VAN WIGGEN
    Nathalie van Wiggen
    Company Secretary

 

 

 

 

Exhibit 99.1

 

Nebius secures $3.5 billion financing facility with Citi

 

●Marks next step in Nebius’s strategy to fund global capacity build-out on attractive terms
●Advances diversified capital structure built on a disciplined balance sheet
●Increases flexibility over timing and structure of longer-term financing to fuel growth in 2027 and beyond

 

Amsterdam, 22 October 2026 — Nebius Group N.V. (Nasdaq: NBIS), the AI cloud company, today announced that it has entered into a $3.5 billion senior secured facility provided by Citi.

 

The facility provides access to capital at attractive rates to support Nebius’s global capacity build-out, and advances the company’s diversified and sequenced funding strategy.

 

It complements a funding base that includes customer prepayments and operating cash flows with other financing mechanisms.

 

This provides flexibility over the timing and structure of further external capital-raising as the company continues to execute on its global build-out plans.

 

Ophir Nave, Chief Operating Officer of Nebius, said:

 

“We continue to execute our funding strategy as planned, and are pleased to have secured this financing from a leading global financial institution. This is a result of our disciplined approach to managing our balance sheet to fund our portfolio of projects, and once again demonstrates our ability to choose when and how we raise capital to support our growth.

 

“Sequencing our financing is how we optimize our long-term cost of capital. This facility provides additional financing to support our near-term capacity build-out. We still have a range of capital sources available to us to finance the next phase of growth, including asset-backed financing based on investment-grade customer commitments of more than $40 billion of long-term contracts.”

 

The facility has a 364-day maturity and initially bears interest at Term SOFR plus 2.75% per annum, increasing up to a maximum of 3.50% per annum, and subject to other adjustments.

 

The proceeds will be used for data center development and GPU procurement, as well as for general corporate purposes.

 

Citi acted as mandated lead arranger, agent and security agent.

 

 

 

 

About Nebius

 

Nebius, the AI cloud company, is building the full-stack platform for developers and companies to take charge of their AI future — from data and model training to production deployment. Founded on deep in-house technological expertise and operating at scale with a rapidly expanding global footprint, Nebius serves startups and enterprises building AI products, agents, and services worldwide. Nebius is listed on Nasdaq (Nasdaq: NBIS) and headquartered in Amsterdam.

 

For more information please visit nebius.com.

 

Contacts

 

Media relations: media@nebius.com
Investor relations: askIR@nebius.com

 

Forward-looking statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our future GPU procurement and data center development, financing strategy, planned investments and capital expenditures, capacity expansion plans, anticipated future financing transactions and expected financial results, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “estimate,” “expect,” “guide,” “intend,” “likely,” “may,” “will” and similar expressions and their negatives are intended to identify forward-looking statements.

 

These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual results may differ materially from the results predicted or implied by such statements, and our reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted or implied by such statements include, among others: market, macroeconomic and geopolitical conditions; our ability to build, operate and manage our businesses to the desired scale; competitive pressures; technological developments; our ability to secure and retain clients; our ability to secure additional capital to enable the growth of the business; unpredictable sales cycles; and potential pricing pressures; as well as those risks and uncertainties related to our continuing businesses included under the captions “Risk Factors” and “Operating and Financial Review and Prospects” in our Annual Report on Form 20-F for the year ended December 31, 2025, filed with the SEC on April 30, 2026, as amended, which is available on our investor relations website at https://nebius.com/investor-hub and on the SEC website at www.sec.gov.

 

 

 

 

All information in this press release is as of the date hereof (unless stated otherwise). Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

 

In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date hereof and, while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

 

 

 

Filing Exhibits & Attachments

1 document

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