Gogoro Inc - Ordinary Shares - Class A

NASDAQ:GGR   2:31:31 PM EDT
3.56
+0.10 (+2.89%)
Debt Financing / Related

Gogoro Strengthens Capital Structure With New Credit Facility

Published: 09/28/2022 10:15 GMT
Gogoro Inc - Ordinary Shares - Class A (GGR) - Gogoro Strengthens Capital Structure With New Credit Facility.
Gogoro Inc - Announced It Has Signed a Nt$10.7 Billion (approximately $345 Million)1 Five-year Credit Facility Agreement, With a Two-year Extension Option.
Gogoro Inc - Led by Mega International Commercial Bank, Facility Consists of Two Term Loans and One Revolving Facility.
Gogoro - Facility Will Be Used to Pay Off Current Outstanding Credit Facility, Buy Energy Cells, Support Capital and Facilitate Operations in Taiwan.