Rivian Announces $1.25 Billion Green Notes Offering

Rivian Automotive ( (RIVN) ) has shared an update.

On June 4, 2025, Rivian Automotive announced the pricing of a $1.25 billion senior secured green notes offering, intended to refinance its outstanding senior secured notes due 2026. The closing of the notes is expected on June 12, 2025, and the proceeds will be used to redeem the existing notes and cover related expenses. The notes are expected to be secured by the company’s assets and guaranteed by its subsidiaries, reflecting Rivian’s strategic financial maneuvering to strengthen its capital structure and maintain its focus on sustainable transportation solutions.

The most recent analyst rating on (RIVN) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Rivian Automotive stock, see the RIVN Stock Forecast page.

Spark’s Take on RIVN Stock

According to Spark, TipRanks’ AI Analyst, RIVN is a Neutral.

Rivian’s significant revenue growth and positive technical indicators are overshadowed by substantial operational and profitability challenges. While recent earnings call highlights and corporate events provide some optimism, the company’s negative cash flow and valuation concerns weigh heavily on the overall score.

To see Spark’s full report on RIVN stock, click here.

More about Rivian Automotive

Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles as well as software and services that address the entire lifecycle of the vehicle. The company creates innovative and technologically advanced products designed to excel at work and play, with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consumer and commercial customers.

Average Trading Volume: 33,032,455

Technical Sentiment Signal: Buy

Current Market Cap: $16.51B

See more insights into RIVN stock on TipRanks’ Stock Analysis page.