Latham Represents Rivian Automotive, Inc. in US$1.25 Billion Senior Secured Green Notes Offering

Rivian Automotive, Inc. (Nasdaq: RIVN) (Rivian), 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, announced that Rivian Holdings, LLC, Rivian, LLC, and Rivian Automotive, LLC (Rivian Automotive and, together with the Company and Rivian LLC, the Co-Issuers) priced their private offering of US$1.25 billion aggregate principal amount of 10.000% senior secured green notes due 2031 (the notes). The offering closed on June 12, 2025.

Latham & Watkins LLP represented Rivian in the offering with a Capital Markets team led by partner Benjamin Stern, with associates Kathleen Mehary, Amanda Farrish, and Jessmine Lee. Advice was provided on finance matters by partner Kendra Kocovsky, with associates Kate Waterman and Michael Hengerer; on real estate matters by counsel Shira Bressler, with associate Michael Nieberg; on tax matters by partner Kirt Switzer, with associate Jake Meninga; and on benefits matters by partner James Metz, with associate Mary Daniel Morgan.