---
schema_version: "secwatch.filing_event.v1"
accession: "0001760689-22-000094"
form_type: "8-K"
ticker: "MVST"
cik: "0001760689"
company_name: "Microvast Holdings, Inc."
filed_at: "2022-09-29T23:59:59+00:00"
generated_at: "2026-06-23T06:45:20.673770+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Microvast subsidiary enters RMB 800M syndicated loan for Huzhou battery plant expansion

## Summary
- Loan up to RMB 800M (~$111.1M) at floating rate LPR+115bp, initial ~4.8%, maturity through Dec 2026.
- Proceeds dedicated to 4GWh annual li-ion battery cell, module, and pack capacity expansion at Huzhou.
- Conditions: Borrower self-funds at least RMB 500M; SaiYuan restructures RMB 500M convertible bonds (RMB 200M repaid by Dec 2022, RMB 300M extended to Jan 2027).
- Repayment schedule: RMB 30M by Jun 2023, rising to RMB 150M by Dec 2026; secured by land and buildings.
- Availability period through June 9, 2023; default interest on overdue convertible bonds set at 12%.

## SEC filing metadata
- accession: 0001760689-22-000094
- form_type: 8-K
- ticker: MVST
- cik: 0001760689
- company_name: Microvast Holdings, Inc.
- filed_at: 2022-09-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760689/000176068922000094/0001760689-22-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760689/000176068922000094/mvst-20220927.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760689-22-000094
- JSON: https://secwatch.observer/filing/0001760689-22-000094.json
- Plain text: https://secwatch.observer/filing/0001760689-22-000094.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.