Friday, March 26, 2021

Faraday Future Snags $100M In Debt

Los Angeles-based electric vehicle company Faraday Future said on Friday tht it has received $100M in a debt financing, which it will use to advance the delivery of its first vehicle, the FF 91. According to Faraday Future, the debt included $85M from funds managed by the Credit Group of Ares Management Corporation, with the remainder provided by funds manage

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