NYSE:EVEXAerospace & Defense
The Bull Case For Eve Holding (EVEX) Could Change Following New US$150M Syndicated Credit Facility - Learn Why
Earlier this week, Eve Holding, through its subsidiary EVE UAM, LLC, entered into a syndicated credit agreement that provided a US$150,000,000 advance from a group of international banks to fund supplier payments and core production and sales activities, with repayments scheduled over four and five years at Term SOFR plus 3.10% interest.
A key detail is that Eve Holding has guaranteed EVE UAM’s obligations under this facility, signaling a strong parent-level commitment to supporting the...