[Core Scientific Plans to Issue $3.3 Billion in Private Bonds] According to The Block, Bitcoin mining company Core Scientific has disclosed that its wholly-owned subsidiary, Core Scientific Finance, plans to privately issue senior secured notes maturing in 2031, totaling $3.3 billion, to qualified institutional buyers. Part of the funds raised will be used to repay the deferred draw term loan under the 364-day credit arrangement, including accrued interest and related fees. The notes will be fully guaranteed by five subsidiaries under Core Scientific and secured by first-priority liens on most assets of the relevant subsidiaries.