# CoreWeave debt insurance costs hit record as shares slide

_Published Friday, October 16, 2026 at 9:06 AM EDT · Products, Infrastructure · Latest · Tier 2 — Notable_

![CoreWeave debt insurance costs hit record as shares slide — Primary](https://media.thenextweb.com/2026/10/coreweave-logo-smartphone-screen-blurred-chart.jpg)

The cost of insuring CoreWeave's debt against default passed 1,000 basis points this week, a record, Reuters reported Friday, citing S&P Global Market Intelligence data. A bond due in 2031 briefly yielded above 16% on Thursday, while the AI cloud provider's shares were down more than 15% for the week at Thursday's close.

The loss-making company owes about $50bn. Chief executive Mike Intrator told staff Wednesday that signed-deal backlog more than covers its debt. Nvidia has agreed to buy CoreWeave's unsold computing capacity until April 2032.

## Sources

- [The Next Web](https://thenextweb.com/news/coreweave-shares-bonds-weekly-losses-ai-debt)

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Canonical: https://techandbusiness.org/newswire/o57mHoZDbsMYHf-30yLOPE
Published: 2026-10-16T13:06:14.062Z
Story chronology: 2026-10-16T11:34:57.000Z
Retrieved: 2026-10-16T17:00:51.477Z
Publisher: Tech & Business (techandbusiness.org)