Nikola announces $200 million convertible senior notes investment

Phoenix , may 2, 2022 /prnewswire/ -- nikola corporation (nasdaq: nkla) ("nikola", or the "company"), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced that an institutional investor has agreed to make a $200 million investment in nikola through the purchase of convertible senior notes. funds advised by antara capital lp have agreed to purchase $200 million aggregate amount of 8.00% / 11.00% convertible senior notes due 2026 (the "notes").
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