PRESS RELEASE
9 December 2025

Cahill Represents Initial Purchasers In Cipher Compute LLC’s $1.4 Billion Initial, And $333 Million Add-on, Notes Offerings

CG
Cahill Gordon & Reindel LLP

Contributor

With a history of legal innovation dating back to the firm’s founding in 1919, Cahill Gordon & Reindel LLP is trusted by market-leading financial institutions, companies and their boards to manage significant litigation, regulatory matters and transactions. The firm is based in New York with offices in London and Washington, D.C.
Cahill represented the initial purchasers in connection with an initial Rule 144A offering of $1.4 billion aggregate principal amount of 7.125% senior secured notes due 2030...
United States

Cahill represented the initial purchasers in connection with an initial Rule 144A offering of $1.4 billion aggregate principal amount of 7.125% senior secured notes due 2030 by Cipher Compute LLC, and a subsequent $333 million add-on offering to such notes.

The notes are backstopped by Google parent company Alphabet Inc. and will be used to finance the construction of a new data center near Colorado City, Texas.

Cipher Compute is a wholly owned indirect subsidiary of Cipher Mining Inc., which develops, owns and operates industrial-scale digital infrastructure to support high-performance computing and purpose-built data centers.

Contributor

With a history of legal innovation dating back to the firm’s founding in 1919, Cahill Gordon & Reindel LLP is trusted by market-leading financial institutions, companies and their boards to manage significant litigation, regulatory matters and transactions. The firm is based in New York with offices in London and Washington, D.C.

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