Nebius Secures $3.5 Billion Citi Facility for Data Centers and GPUs

Oct 22, 2026
Nebius secured a $3.5 billion financing facility from Citi to fund data center development, GPU purchases, and general corporate purposes.

Nebius Group secured a $3.5 billion senior secured financing facility from Citi, the company said in a press release. The funds will support data center development, GPU purchases, and general corporate purposes.

The facility matures in 364 days. Interest begins at Term SOFR plus 2.75% per year and can increase to a maximum of 3.50%, subject to other adjustments.

Nebius said the facility complements customer prepayments, operating cash flow, and other financing sources. Citi served as the mandated lead arranger, agent, and security agent.

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