Lucid draws $400 million delayed draw term loan Oct. 6, 2026
Lucid Group said in an SEC filing that it drew a $400 million delayed draw term loan on Oct. 6, 2026.
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Lucid draws $400 million under term loan
Lucid Group said it drew $400 million under its delayed draw term loan facility with Ayar Third Investment Company. The draw leaves about $2.1 billion outstanding and roughly $400 million of additional borrowing capacity.