Bloomberg reported on October 28, 2026, that Zankore was marketing its previously signed GPU loan to the broader market. The report, citing people familiar with the matter, described a five-year term and a 330-basis-point margin over SOFR. The marketing report describes a step toward bringing additional lenders into the financing.
What changed with Zankore’s GPU loan
Zankore announced on September 9, 2026, that it had signed a senior term-loan facility of up to $3.1 billion to support its AI and GPU cloud infrastructure. Bloomberg later reported that Zankore was marketing that facility to the broader market, with other banks invited to join the senior phase as underwriters or bookrunners.
A loan syndication brings additional lenders into a financing. Bloomberg’s report described marketing and invitations, not a completed distribution.
The five banks named by Zankore
Zankore named Citi, ING, Natixis CIB, Qatar National Bank (QNB) Group and United Overseas Bank (UOB) as senior mandated lead arrangers, underwriters and bookrunners. The company separately identified Citi as the facility’s exclusive debt adviser.
Zankore said the loan proceeds would support the acquisition and deployment of NVIDIA GPU infrastructure. Its announcement also described a revenue-sharing and credit-support model intended to align deployment with customer demand.
The reported term and SOFR margin
Bloomberg reported a five-year tenor and a margin of 330 basis points over SOFR, attributing those terms to people familiar with the matter. SOFR, the Secured Overnight Financing Rate, is a benchmark interest rate; 330 basis points equals 3.30 percentage points above that benchmark. The margin is a spread, not the loan’s total interest rate.
Zankore’s description of revenue sharing and credit support does not name NVIDIA as a repayment guarantor.
