小摩:CoreWeave债务抛售对全球银行构成的风险有限

格隆汇
Oct 20
摩根大通周二估计,全球大多数银行对Coreweave(CRWV.US)的风险敞口有限。此前,这家获得英伟达支持的云计算公司股价和债券在上周大幅下跌,原因是投资者担忧其债务融资问题。摩根大通表示,尽管美国大型投行以及日本三菱日联金融集团CoreWeave的潜在敞口可能在10亿至30亿美元之间,但大多数欧洲和亚洲参与者的敞口均不足5亿美元。其中大部分是通过延期提款定期贷款实现的,这些贷款主要通过特殊目的实体持有,资金将在项目达到里程碑时释放。从融资银行的角度来看,摩根大通认为,银行对CoreWeave的风险敞口管理得当,且有非常充分的担保。

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