March 1, 2023

On February 21, electric vehicle manufacturer Arrival announced that is raising up to $50 million of new equity capital from Willkie client Antara Capital and will also exchange $121.9 million principal amount of convertible notes held by Antara for additional equity in Arrival.

Arrival, based in London, is an electric vehicle manufacturer primarily focused on the design and production of vans and buses through local microfactories.

Antara Capital is a private investment firm in New York that invests in event-driven opportunities across the capital structure.

The Willkie team was led by partners Thomas Mark and Jonathan Kubek and included associate Steven Mikel. 
Thomas Mark
Thomas Mark Partner Corporate & Financial Services
Steven Mikel Associate Corporate & Financial Services