# Nebius Secures $3.5B Citi Facility for AI Cloud Expansion

> Nebius gets $3.5 billion from Citi to boost AI cloud capacity globally.
- Title: Nebius Secures $3.5B Citi Facility for AI Cloud Expansion
- Summary: Nebius gets $3.5 billion from Citi to boost AI cloud capacity globally. Nebius secured a $3.5 billion Citi facility to expand AI infrastructure capacity.
- Keywords: nebius, citi, ai cloud, funding, nasdaq, gpu, data center, technology, Secures, Facility, Cloud, Expansion
- Source: AI Insider — https://theaiinsider.tech/2026/10/23/nebius-secures-3-5b-citi-facility-to-expand-ai-cloud-capacity
- Author: James Dargan
- Published: 2026-10-23T14:04:18+00:00
- Read time: 1 min
- Topics: nebius, citi, ai cloud, funding, nasdaq, gpu, data center, ai, technology
## Nebius Secures $3.5B Citi Facility
Nebius Group, the Amsterdam-headquartered AI cloud company listed on Nasdaq, has entered into a $3.5 billion senior secured facility provided by Citi to support the global expansion of its AI infrastructure.
## Proceeds for Data Centers and GPUs
Proceeds will fund data center development and GPU procurement, along with general corporate purposes.
## 364-Day Maturity with Interest Terms
The facility has a 364-day maturity and initially carries interest at Term SOFR plus 2.75% per year, rising to a maximum of 3.50%.
## Citi as Lead Arranger
Citi acted as mandated lead arranger, agent and security agent for the facility.
## Funding Strategy for Flexibility
The financing forms part of a diversified and sequenced funding strategy that also draws on customer prepayments and operating cash flows, giving Nebius flexibility over the timing and structure of future capital raising.
## Key takeaway

Nebius secured a $3.5 billion Citi facility to expand AI infrastructure capacity.