Enviva stockholders invited to participate in DIP facility

Chicago, March 15 – Enviva Inc. intends to offer certain holders of shares of its common stock as of March 11 the opportunity to subscribe to participate in the syndication of its $500 million debtor-in-possession facility, according to a press release.

The offer is open to institutional accredited investors.

Eligible holders may elect to participate and submit a subscription to lend any portion of the loans up to $100 million, provided that minimum committed amount is $1 million.

Eligible holders will be subject to certain restrictions under the facility, including with respect to voting and information rights.

Commitments are due by 5 p.m. ET on March 28.

Copies of the relevant subscription documents may be obtained at www.kccllc.com/Enviva or by contacting the information agent, Kurtzman Carson Consultants LLC (877 499-4509, 917 281-4800, EnvivaDIP@kccllc.com).

Enviva is a wood pellet producer based in Bethesda, Md. The company filed bankruptcy on March 12 under Chapter 11 case number 24-10453.

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