SAN FRANCISCO, March 6 (Reuters) - Rivian Automotive plans to sell green bonds worth $1.3 billion, it said
on Monday, as weakening demand and lofty costs tighten a cash
crunch around electrical vehicle makers.
Initial investors will get an option to buy an additional
$200 million of the bonds for settlement 13 days after the bonds
are issued, Rivian said in a statement.
(Reporting by Abhirup Roy in San Francisco; Editing by Leslie
Adler)
@abhiruproy30;))
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