[Nebius Secures Approximately $775 Million in Senior Secured Debt Financing to Expand AI Cloud Platform] Odaily Planet Daily reports that neocloud company Nebius has announced the completion of its first senior secured debt financing of approximately $775 million. The funds will be used to expand its AI cloud platform and are backed by deployed GPU infrastructure and cash flows from investment-grade customer contracts. The debt financing is set to mature in 2030, with an interest rate of SOFR+2.50%. Nebius currently holds over $40 billion in contract revenue from clients such as Microsoft and Meta.