FSR - EV Maker Fisker Piles Up Cash Via Debt Offering With Eyes On Expansion | Benzinga
Electric Vehicle maker Fisker Inc (NYSE: FSR) is planning to offer $170 million in aggregate principal amount of 0% senior unsecured convertible notes due 2025 to an existing institutional investor.
The notes will have an original issue discount of approximately 12%, resulting in gross proceeds of $150 million to Fisker.
The notes are being sold pursuant to ...