Battery-swapping SPAC Gogoro secures $345M loan

Taiwanese battery-swapping company Gogoro has signed a $345 million five-year credit facility agreement in order to increase liquidity among uncertain economic conditions.
The loan comes from a group of 10 syndicated banks led by Mega International Commercial Bank Co., according to a regulatory filing.
Gogoro will use the funds to pay off an existing facility, secure energy cells for its batteries, support operations in Taiwan and provide working capital as needed, according to a company spokesperson.
The company will have an option to extend the loan for an additional two years and even get a

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