Rivian Automotive, Inc. (NASDAQ: RIVN) has announced a proposed offering of $1.25 billion in senior secured green notes due ...

Rivian stock traded lower Monday by about 2.86% after the EV company offered $1.25 billion in senior secured green notes.

Rivian Automotive (RIVN) said Monday that it plans to offer $1.25 billion in senior secured green notes due 2031 through a private placement, subject to market conditions.