Hardware
Lambda closes $926 million senior secured term loan B facility, backing GPU deployment for an investment-grade customer
Lambda Inc. closed a $926 million senior‑secured term loan B facility on August 27 2026 to finance the purchase and deployment of GPU infrastructure for an investment‑grade customer, marking the compa
Lambda Inc. closed a $926 million senior‑secured term loan B facility on August 27 2026 to finance the purchase and deployment of GPU infrastructure for an investment‑grade customer, marking the company’s first large private‑cloud SPV financing. The Moody’s Baa2‑rated loan was priced at SOFR + 3.00% and issued at 99.5 % of principal, maturing December 31 2030 on a fully amortizing schedule secured by the GPU servers and their cash flows. This transaction underlines AI infrastructure as an investable, income‑generating asset class and is part of Lambda’s strategy to fund growing multi‑year customer contracts through both debt and equity.
Related
- Lambda prices $926 million senior secured term loan B facility, the first investment-grade-rated term loan B financing by a private neocloud
- Lambda closes $1 billion senior secured credit facility to meet gigawatt-scale AI infrastructure demand
- Sources: AI cloud computing provider Lambda is selling a $917M leveraged loan to finance the purchase of GPUs as part of a contract with Nvidia (Bloomberg)
Source: Lambda Labs | 2026-08-27