{"id":610990,"date":"2023-10-18T12:02:17","date_gmt":"2023-10-18T06:32:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=610990"},"modified":"2023-10-18T12:02:17","modified_gmt":"2023-10-18T06:32:17","slug":"rivian-ceo-says-bond-issue-does-not-reflect-concerns-about-ev-makers-financial-health","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rivian-ceo-says-bond-issue-does-not-reflect-concerns-about-ev-makers-financial-health\/","title":{"rendered":"Rivian CEO says bond issue does not reflect concerns about EV maker&#8217;s financial health"},"content":{"rendered":"<p>Rivian&#8217;s earlier-than-expected bond issuance this month was aimed at strengthening the electric-vehicle maker&#8217;s balance sheet before geopolitical risks make borrowing costlier and does not reflect concerns about its operations, its CEO said on Tuesday.<\/p>\n<p>Following a $1.3-billion capital raise in March, Rivian had said it had enough money to last it through 2025. But it said this month it would issue $1.5 billion, sparking concerns among investors and some suppliers about the company&#8217;s financial health and sending shares plummeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rivian&#8217;s earlier-than-expected bond issuance this month was aimed at strengthening the electric-vehicle maker&#8217;s balance sheet before geopolitical risks make borrowing costlier and does not reflect concerns about its operations, its CEO said on Tuesday. Following a $1.3-billion capital raise in March, Rivian had said it had enough money to last it through 2025. But it said this month it would issue $1.5 billion, sparking concerns among investors and some suppliers about the company&#8217;s financial health and sending shares plummeting.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-610990","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/610990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=610990"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/610990\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=610990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=610990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=610990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}