Lucid Group draws $400M delayed draw term loan facilities
Lucid Group drew $400 million of delayed draw term loan facilities under an existing agreement with Ayar Third Investment Co., according to a Dow Jones Newswires report.
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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.
Lucid draws $400 million delayed draw term loan facilities
Lucid Group, Inc. drew $400 million of delayed draw term loan facilities under an existing agreement with Ayar Third Investment Company, an affiliate of Public Investment Fund.