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News  ›  GlobeNewswire Inc.

Cipher Mining Inc. Announces Pricing of $1.4 Billion of Senior Secured Notes

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Cipher Mining Inc.
Cipher Mining Inc. Announces Pricing of $1.4 Billion of Senior Secured Notes

Cipher Mining's subsidiary Cipher Compute LLC is pricing a $1.4 billion senior secured notes offering to finance the construction of a high-performance computing data center in Texas, with the notes due in 2030 and priced at 7.125%.

Insights
TFCpI   positive

The company is declaring regular dividends, which signals financial stability and consistent performance. The press release highlights the company's strong market position as a top-10 commercial bank with $544 billion in total assets.


CIFR   positive

Company is expanding infrastructure, securing significant financing, and demonstrating strategic growth in data center and computing capabilities