---
schema_version: "secwatch.filing_event.v1"
accession: "0001874178-26-000061"
form_type: "8-K"
ticker: "RIVN"
cik: "0001874178"
company_name: "Rivian Automotive, Inc. / DE"
filed_at: "2026-10-07T20:17:34+00:00"
generated_at: "2026-10-12T15:51:00.454814+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rivian funds $1.0B 10-year VW term loan at 6.03%; proceeds go to general corporate purposes

## Summary
- On the Oct 7, 2026 funding date Rivian drew the full $1.0B committed facility under the Loan B agreement with the Rivian-Volkswagen joint venture.
- Loan B carries a 6.03% fixed rate; the matching Loan A from Volkswagen Specter LLC accrues 5.93%; both mature Oct 7, 2036.
- Amortization starts on the third anniversary: $100M of principal per loan repaid yearly in $50M semi-annual installments, balance due at maturity.
- The debt is non-recourse to Rivian and secured only by Rivian JV SPC's 50% equity interest in the joint venture; Rivian provides no guarantee.
- Interest is payable semi-annually beginning on the second anniversary; Loan B can be prepaid without penalty, triggering a mandatory matching Loan A prepayment.

## SEC filing metadata
- accession: 0001874178-26-000061
- form_type: 8-K
- ticker: RIVN
- cik: 0001874178
- company_name: Rivian Automotive, Inc. / DE
- filed_at: 2026-10-07T20:17:34+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874178/000187417826000061/0001874178-26-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874178/000187417826000061/rivn-20261007.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001874178-26-000061
- JSON: https://secwatch.observer/filing/0001874178-26-000061.json
- Plain text: https://secwatch.observer/filing/0001874178-26-000061.txt

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