Other DebtExpired
X First Lien Bridge Credit Facility
SPCX-XBR1
$160.95▲ 19.22%
BTC Holdings
18,712 BTC
Total Debt
$29.13B
Leverage
1104.0%
mNAV
1749.64x
Outstanding
$0.00
Issue date
2022-10-27
Principal
$3.00B
Coupon
—
Maturity
2029-10-27
Conversion price
—
- Twitter acquisition bridge financing
- Repaid in full February 2025 ($2,966M)
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior secured (first lien)
- Facility type
- Term loan
- Rate type
- Floating
- Rate reference
- Adjusted Term SOFR + 6.75% with 0.50% quarterly step-ups, capped at 9.50%
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding |
|---|---|---|
| 2025-02-28 | Repayment | $0.00 |
| 2024-12-31 | Draw | $2.97B Balance repaid in full February 2025 |
| 2022-10-27 | Issuance | $3.00B |
- 2025-02-28 — $0Note 10 — Debt
- 2024-12-31 — $2,966,000,000Note 10 — Debt
- 2022-10-27 — $3,000,000,000