Energy Vault Repays $45 Million of Higher-Cost Yorkville Convertible Debentures After $150 Million Note Closing

Reuters03-03
Energy Vault Repays $45 Million of Higher-Cost Yorkville Convertible Debentures After $150 Million Note Closing

Energy Vault Holdings Inc. announced it used part of the proceeds from its upsized $150 million convertible senior notes financing to redeem about $45 million in principal amount of existing senior unsecured convertible debentures held by a Yorkville affiliate, removing that debt from its balance sheet and improving financial flexibility.

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. Energy Vault Holdings Inc. published the original content used to generate this news brief on March 03, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment