Hut 8 closes USD 4.25 billion senior secured notes offering for Beacon Point data center project

HUT 8

HUT 8

HUT

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  • Hut 8 closed a USD 4.25 billion offering of 6.129% senior secured notes due 2042 via subsidiary Beacon Point DC.
  • Moody’s rated the notes Baa2; pricing set at T+165 basis points, 20 basis points inside the April River Bend spread.
  • Proceeds earmarked for a 352-megawatt turnkey data center project in Nueces County, Texas, including an on-site substation.
  • Financing structured as fully amortizing, non-recourse, non-dilutive project debt; Hut 8 expects no equity issuance for the project.
  • Transaction lifts cumulative investment-grade project-level data center construction financing to USD 7.5 billion across Beacon Point and River Bend.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hut 8 Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606091805PR_NEWS_USPR_____FL80065) on June 09, 2026, and is solely responsible for the information contained therein.

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