LION ELECTRIC ANNOUNCES FURTHER AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS [Globe and Mail, The (Toronto, Canada)]
The Lion Electric Company Common Shares (LEV)
Company Research
Source: Globe and Mail, The
medium and heavy-duty urban vehicles, announced today that it has entered into further amendments to certain of its senior credit instruments, namely (i) its senior revolving credit agreement entered into with a syndicate of lenders represented by National Bank of Canada , as administrative agent and collateral agent, and including Bank of Montreal and Federation des Caisses Desjardins du Québec (the "Revolving Credit Agreement"), and (ii) its loan agreement entered into with Finalta Capital Fund, L.P., as lender and administrative agent, and Caisse de dépôt et placement du Quebec (through one of its subsidiaries), as lender (the "Finalta CDPQ Loan Agreement"). The amendments to the Revolving Credit Agreement provide for, among other things, the extension of the period applicable to the previously announced suspension of the financial covenants thereunder from November 15, 2024 , to November 30, 2024 (the "covenant relief period") and the removal of the minimum liquidity covenant un
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LEV
News
- NYSE to Commence Delisting Proceedings with Respect to the Warrants of Lion Electric (LEV.WS) [Yahoo! Finance]Yahoo! Finance
- NYSE to Commence Delisting Proceedings with Respect to the Warrants of Lion Electric (LEV.WS)PR Newswire
- Bus maker Lion Electric mulls sale of company amid cash woes [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- LION ELECTRIC ANNOUNCES FURTHER AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS [Yahoo! Finance]Yahoo! Finance
- LION ELECTRIC ANNOUNCES FURTHER AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTSPR Newswire
LEV
Sec Filings
- 11/20/24 - Form 6-K
- 11/18/24 - Form 6-K
- 11/6/24 - Form 6-K
- LEV's page on the SEC website