Saab’s parent company Swedish Automobile, formerly known as Spyker Cars, has secured a €25m (US$36.2m) convertible bridge loan agreement with Gemini Investment Fund. The loan has a six months maturity and an annual interest rate of 10%. The conversion price is €1.38/share (the volume weighted average price over the past Subscribe to Automotive World to … Continued
Saab’s parent company Swedish Automobile, formerly known as Spyker Cars, has secured a €25m (US$36.2m) convertible bridge loan agreement with Gemini Investment Fund. The loan has a six months maturity and an annual interest rate of 10%. The conversion price is €1.38/share (the volume weighted average price over the past
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https://www.automotiveworld.com/articles/87889-sweden-25m-bridge-loan-secured-for-saab/
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