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Applied Digital Announces $300 Million Senior Secured Bridge Facility

DALLAS, May 04, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads, today announced the closing of a $300 million senior secured bridge facility led by Goldman Sachs. The facility is intended to fund the continued development and construction of the Company’s third AI data center at its Polari

articleApplied Digital CorporationMay 4, 20264/company/applied-digital-corporation/news/applied-digital-announces-dollar300-million-senior-secured-bridge-facility
Applied Digital Announces $300 Million Senior Secured Bridge Facility

About this update from Applied Digital Corporation

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More updates from Applied Digital Corporation

Applied Digitalcolocation servicesartificial intelligenceApplied Digital Corporationdata centersForward-Looking Statementscontinued developmentproject financingPolaris Forge