Workhorse Expands Customer Order Credit to $30 Million and Defers Loan Interest
Workhorse amended two credit agreements with Motive GM Holdings, raising its Customer Order Credit Agreement commitment from $20 million to $30 million and deferring interest payments on additional loans under both facilities.
Workhorse amended two credit agreements with Motive GM Holdings, expanding its Customer Order Credit Agreement commitment from $20 million to $30 million and deferring interest payments on additional loans under both facilities. Interest on the added $10 million customer order loan and three additi…