Plug Power Inc (PLUG)

[B_B!]

“One of the steps we took was also announcement yesterday pushing out some of our convertible bonds by a year at very low interest rates for an unsecured facility. So that puts us in a good position in terms of debt opportunities and solution. We have a huge number of parties that express a lot of interest in Plug. We just continue to nurture to find the right solution. And so we've got a billion of capacity ATM. It's not our desire and hope that we dilute, but it certainly puts a lever on us that we can actually be more competitive with the banks and others that in terms of driving solutions on capital.
So we feel pretty good about the short-term and mid-term availability of capital to us.”

Paul Middleton
Plug Power Inc. J.P. Morgan 2024 Industrials Conference March 14
https://seekingalpha.com/article/4678272-plug-power-inc-plug-management-presents-j-p-morgan-2024-industrials-conference-transcript?mailingid=34685296&messageid=2800&serial=34685296.4751&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=34685296.4751
(Jack_Bolander)