Insuring CoreWeave (CRWV) debt against default costs 50% more than it did a month ago, and yields on some of its bonds are above 16%. CEO Mike Intrator said he expects no hit to customer commitments from political shifts. A Morningstar analyst says bankruptcy is unlikely soon, but the company will need more capital to grow.

Sources

CoreWeave bond yields top 16% before earnings
The whole story · updated
CN
CNBC
· 6d ago
CoreWeave confronts 'doom cycle' narrative as neocloud credit risk overshadows growth

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