By Stephen NakrosisRivian Automotive, Inc. on Monday said it plans to offer green convertible senior notes due in a private offering. The maker of electric vehicles said it plans to use the net proceeds from the offering for financing, refinancing or making investments in eligible green projects as described in its green financing framework. Such projects include clean transportation, renewable energy, and pollution prevention and control, among others.

Source: Wall Street Journal March 07, 2023 00:30 UTC