LEV - Lion Electric completes sale-leaseback transaction with BTB for C$28M
- The Lion Electric ( NYSE: LEV ) it had completed a sale-leaseback transaction with BTB Real Estate Investment Trust for its battery manufacturing building located in Quebec for C$28M.
- The proceeds will be used to repay amounts outstanding under its revolving credit facility and to fund transaction expenses, the company said .
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Lion Electric completes sale-leaseback transaction with BTB for C$28M