Nscale Closes $3B in Term Loans

Nscale has closed approximately $3 billion in aggregate commitments across two senior secured delayed draw term loan facilities backing a pair of U.S. AI infrastructure projects, the London-based company announced on August 31, 2026. One facility supports its Ward County, Texas campus and the other its Madison, North Carolina site, and Nscale said both facilities received investment-grade ratings with stable outlooks. The Ward County facility provides up to $1.85 billion, issued through Nscale…

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