Evan(@StockMKTNewz):RIVIAN JUST RECEIVED A $1 BILLION LOAN FROM VOLKSWAGEN The 10-year loan funded October 7 at a fixed 6.03% yeild It's non-recourse meaning Rivian doesn't guarantee it, and if it defaults, the lender can only go after the collateral: Rivian's 50% stake in the joint venture. Rivian plans to use the cash for general corporate purposes. Principal repayment starts in year 3 at $100 million a year, with the rest due October 2036.

Evan

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Evan@StockMKTNewz

2026.10.07 20:27

RIVIAN JUST RECEIVED A $1 BILLION LOAN FROM VOLKSWAGEN The 10-year loan funded October 7 at a fixed 6.03% yeild It's non-recourse meaning Rivian doesn't guarantee it, and if it defaults, the lender can only go after the collateral: Rivian's 50% stake in the joint venture. Rivian plans to use the cash for general corporate purposes. Principal repayment starts in year 3 at $100 million a year, with the rest due October 2036.