Shares of Eos Energy Enterprises Inc (EOSE) were in the spotlight on Monday after the company announced it had received ...
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and ...
Enterprises announced the achievement of the third set of performance milestones previously agreed upon between Eos and an ...
The company is taking on additional debt with a $200 million Incremental Term Loan and $100 million in delayed draw commitments, which could increase financial risk and leverage. The required ...
The proceeds from the Incremental Term Loan and the Incremental Delayed Draw Term Loan will be used for new acquisitions, working capital, capital expenditures and other general corporate purposes.
The financing consists of a five-year undrawn revolving credit facility of $175 million, a five-year term loan facility of $225 million, as well as two delayed draw term loans of up to $115 ...
the firm expects to incur $175 million of new senior secured first lien term loans, and obtain commitments of $100 million of new senior secured first lien delayed draw term loans. Under the ...