Lucid draws $400 million from delayed-draw term loan with PIF affiliate Ayar Third Investment Company
Bitget2026/10/09 20:03Lucid drew USD 400 million on Oct. 6, 2026 under its delayed draw term loan with Ayar Third Investment. Outstanding borrowings under the DDTL rose to about USD 2.1 billion. Remaining borrowing capacity under the facility is about USD 400 million. Ayar Third Investment is affiliated with Saudi Arabia’s Public Investment Fund. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lucid Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-065525), on October 09, 2026, and is solely responsible for the information contained therein.
- Lucid drew USD 400 million on Oct. 6, 2026 under its delayed draw term loan with Ayar Third Investment.
- Outstanding borrowings under the DDTL rose to about USD 2.1 billion.
- Remaining borrowing capacity under the facility is about USD 400 million.
- Ayar Third Investment is affiliated with Saudi Arabia’s Public Investment Fund.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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