Brief: Complete Solaria Signs Term Sheet to Eliminate Carlyle Debt

Sunpower

15/05/2024 13:23

May 15 (Reuters) - Carlyle Group Inc  CG.O :
    * COMPLETE SOLARIA SIGNS TERM SHEET TO ELIMINATE CARLYLE
DEBT
    * COMPLETE SOLARIA INC - CARLYLE, HAS AGREED TO RELEASE CO
FROM
ITS DEBT OBLIGATIONS IN RETURN FOR A THIRD-PARTY CASH PAYMENT
    * COMPLETE SOLARIA - CARLYLE DEBT, WHICH HAS PREVENTED CO
FROM
RAISING MONEY IN MARKET, WILL BE REPLACED WITH $10 MILLION IN
DEBT FROM ANOTHER DEBT PROVIDER

Source text for Eikon:  ID:nGNX7FrFKZ 
Further company coverage:  CG.O 

 ((Reuters.Briefs@thomsonreuters.com;))