 Workhorse Group Inc. WKHS, -5.62 announced an agreement with High Trail Capital that will allow the electric truck maker to remove the remaining debt from its balance sheet. The company said High Trail has agreed to exchange the outstanding 4.00 senior secured convertible notes it held for about 29.7 million worth of Workhorse common stock, which represents about 3.9 of the companys market capitalization of 764.4 million as of Tuesdays close. 