Eve Holding Secures $150 Million Credit Facility, Boosting Financial Flexibility for Urban Air Mobility Operations

Eve Holding has secured a US$150 million credit facility to fund supplier payments and production and sales costs. The facility introduces interest costs and slightly extends the runway, but adds liquidity and reduces funding risk. However, it also makes execution risk more central. Investors should consider the wide dispersion of fair value estimates and compare different viewpoints before deciding on the stock's long-term potential.