Nscale closed a $900 million revolving credit facility, providing flexible liquidity to accelerate its AI data center build-out and capital deployment across the U.S., Europe and APAC.
The facility was syndicated across a group of financial institutions, including J.P. Morgan, Goldman Sachs, Morgan Stanley, MUFG, RBC Capital Markets, Bank of America, Crédit Agricole CIB, Deutsche Bank, Mizuho, SMBC, TD Securities and KeyBank.
“The closing of this revolving credit facility with key global investment banks reflects real institutional confidence in our platform, capital structure, and team,” Josh Payne, CEO and Founder of Nscale, said. “We are building the infrastructure that the world’s largest technology companies depend on to train, deploy and scale AI, and this facility increases our flexibility to do that at speed and at scale.”
