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Rivian to sell USD 1.3 billion in bonds to support capital reserves, new R2 vehicle
On March 6, Rivian Automotive announced plans to sell bonds worth USD 1.3 billion to supplement its capital reserves.
Rivian's bond will mature in March 2029 when investors will have the option to convert the bonds into cash or shares of stock.
Initial investors will get an option to buy an additional USD 200 million....
Rivian's bond will mature in March 2029 when investors will have the option to convert the bonds into cash or shares of stock.
Initial investors will get an option to buy an additional USD 200 million....
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