Latest NewsYesterday NewsQuote ListTopic ListQuote List

Lucid Group Announces $1 Bln Revolving Credit Facility

Reuters
2022.06.15 13:08
June 15 (Reuters) - Lucid Group Inc (LCID.O) : * LUCID ANNOUNCES $1.0B REVOLVING CREDIT FACILITY * LUCID GROUP INC- ANNOUNCED ENTRY INTO A CREDIT AGREEMENT ON JUNE 9, 2022 * LUCID GROUP INC- NEW ABL CREDIT FACILITY PROVIDES FOR UNCOMMITTED INCREMENTAL REVOLVING COMMITMENTS OF UP TO AN ADDITIONAL $500.0 MILLION * LUCID GROUP INC- ABL CREDIT FACILITY HAS A STATED TERM OF FIVE YEARS, MATURING ON JUNE 9, 2027
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.