Brief: Yield10 Bioscience And Marathon Petroleum Corp Sign LOI For Potential Investment And Offtake Agreement For Camelina Feedstock Oil For Renewable Fuels
01/05/2023 14:52
May 1 (Reuters) - Marathon Petroleum Corp MPC.N :
* YIELD10 BIOSCIENCE AND MARATHON PETROLEUM CORPORATION SIGN
LOI
FOR POTENTIAL INVESTMENT AND OFFTAKE AGREEMENT FOR CAMELINA
FEEDSTOCK OIL FOR RENEWABLE FUELS
* YIELD10 BIOSCIENCE INC - RELATED TO LOI, SOLD AND ISSUED A
SENIOR UNSECURED CONVERTIBLE PROMISSORY NOTE TO MARATHON'S
AFFILIATE OF $1.0 MILLION
Source text for Eikon: ID:nGNX7HVbYX
Further company coverage: MPC.N
((Reuters.Briefs@thomsonreuters.com;))