10/30/2025 | Press release | Distributed by Public on 10/30/2025 04:38
| Item 8.01 |
Other Events. |
Bloom Energy Corporation ("Bloom Energy" or the "Company") is negotiating a senior secured credit facility pursuant to which it expects to obtain up to $600.0 million in revolving commitments (the "Revolving Credit Facility").
The Company expects that the Revolving Credit Facility will contain customary covenants and conditions that are likely to, among other things, limit the Company's ability to incur additional indebtedness, incur liens on assets, make investments, dispose of assets, enter into certain transactions with affiliates, or pay dividends and make distributions.
The Company intends to use the proceeds from the Revolving Credit Facility for general corporate purposes, including to fund working capital. As the Company has not yet entered into any commitments with respect to the Revolving Credit Facility, the terms of the Company's financing arrangements remain under discussion, and are subject to change, including as a function of market conditions.