FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Cerebras Systems Closes $850MM Revolving Credit Facility with Bank Syndicate

Date: Apr 16, 2026 @ 07:37 AM
Filed Under: Technology

Cerebras Systems, makers of the fastest AI infrastructure in the industry, closed a five-year syndicated revolving credit facility for up to $850 million. This follows the company’s $1 billion Series G financing closed in September 2025, and an additional $1 billion Series H in January 2026.

Morgan Stanley, Citi, Barclays, UBS Investment Bank, Crédit Agricole CIB, MUFG, Mizuho, TD Securities and Silicon Valley Bank (SVB), a division of First Citizens Bank were Joint Lead Arrangers and Joint Bookrunners for the transaction.

“We are pleased to have closed our inaugural credit facility with the support of a syndicate of leading financial institutions,” said Bob Komin, Chief Financial Officer of Cerebras Systems. “This additional capital provides us with non-dilutive capital to further expand our data center capacity and to fund our growth.”

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.