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Debt financing

GreenPower Announces US$10 Million Financing and US$2.95 Million in Standby Letter of Credit Facilities

Lane
Debt financing
Announced
08 Jan 2026
Province
British Columbia
Industry
Unclassified
Status
Announced
What the filing says
GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower" or the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced that it has received credit approval from CIBC for $5 million in financing facilities, comprised of a $3 million revolving line of credit and a $2 million term loan with a three year term.
Terms stated
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