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home / articles / FSR - EV Maker Fisker Piles Up Cash Via Debt Offering With Eyes On Expansion | Benzinga


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 ...

Full story available on Benzinga.com

Stock Information

Company Name: Fisker Inc Com Cl A
Stock Symbol: FSR
Market: NYSE

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