Workhorse Secures Financing from Institutional Lenders
NGT News
OCTOBER 13, 2020
a technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles (EVs) to the last-mile delivery sector, has entered into a note purchase agreement (NPA) under which it will sell $200 million aggregate principal amount of its 4% senior secured convertible notes due 2024 to two institutional lenders.
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