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Thomas Mark
January 24, 2026
Willkie Advises Antara Capital in Investment and Debt Exchange Transaction with Arrival
1 min
AI-made summary
- On February 21, electric vehicle manufacturer Arrival announced it is raising up to $50 million in new equity capital from Antara Capital and will exchange $121.9 million in principal amount of convertible notes held by Antara for additional equity
- Arrival, based in London, focuses on designing and producing vans and buses using local microfactories
- Antara Capital is a New York-based private investment firm
- The transaction involved legal representation from Willkie.
On February 21, electric vehicle manufacturer Arrival announced that is raising up to $50 million of new equity capital from Willkie client Antara Capital and will also exchange $121.9 million principal amount of convertible notes held by Antara for additional equity in Arrival.
Arrival, based in London, is an electric vehicle manufacturer primarily focused on the design and production of vans and buses through local microfactories.
Antara Capital is a private investment firm in New York that invests in event-driven opportunities across the capital structure.
The Willkie team was led by partners Thomas Mark and Jonathan Kubek and included associate Steven Mikel.
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Thomas Mark
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