Polestar Adjusts Facility Agreement, Extends Term
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Polestar Adjusts Facility Agreement, Extends Term

Polestar Automotive Holding UK PLC Sponsored ADR Class C (PSNYW) has released an update.

Polestar Automotive Holding UK PLC has announced an amendment to their existing Term Facility Agreement, including an extension of its Termination Date to December 29, 2028. This amendment will modify several clauses and definitions as agreed upon by all parties involved. The changes are aimed at enhancing the company’s financial flexibility, and will be effective upon fulfillment of certain conditions as specified in the Amendment Letter.

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