Financing · Oct 9, 2026

Lucid draws $400M from Delayed Draw Term Loan, bringing total outstanding to approx $2.1B

LCIDLucid Group, Inc.

On October 6, 2026, Lucid Group, Inc. drew $400 million from its Delayed Draw Term Loan facilities under an existing agreement with Ayar Third Investment Company, an affiliate of the Public Investment Fund. Following this draw, the aggregate principal amount outstanding is approximately $2.1 billion, leaving about $400 million in additional borrowing capacity. The company operates in the electric vehicle industry.