PRESS RELEASE
10 April 2026

Cahill Represents Lead Arranger In TeraWulf’s $500 Million Credit Facility

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 lead arranger and agent in connection with a $500 million 364-day senior secured bridge credit facility for Raylan Data LLC, a subsidiary of TeraWulf Inc.
United States

Cahill represented the lead arranger and agent in connection with a $500 million 364-day senior secured bridge credit facility for Raylan Data LLC, a subsidiary of TeraWulf Inc.

Proceeds from the credit facility will be used to finance the construction and development of a data center facility in Hawesville, KY.

TeraWulf develops, owns and operates data center infrastructure for high-performance computing hosting and bitcoin mining.

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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