Lion Electric Modifies Credit Terms to Boost Liquidity
Company Announcements

Lion Electric Modifies Credit Terms to Boost Liquidity

Story Highlights

Lion Electric Company (LEV) has released an update.

Lion Electric has announced amendments to its senior credit facilities, extending certain financial covenants and aligning liquidity requirements across agreements. These strategic financial adjustments are aimed at improving the company’s financial flexibility and overall liquidity as it continues to explore various opportunities to strengthen its position in the electric vehicle market.

For further insights into LEV stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyLion Electric announces all-electric school buses eligible for Dominion program
TheFlyCharged: Rivian reports earnings, Tesla halts orders of $61K Cybertruck
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App