28
Feb
21:14
Polestar secures business outlook with $950m external funding
Swedish electric performance car brand Polestar said Wednesday its business outlook is confirmed thanks to a $950 million external financing deal, Kallanish reports.
The three-year loan facility was secured by Polestar Automotive Holding UK PLC with 12 leading international banks, including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC and SPDB. It provides the carmaker with the funds it requires to finance the next stage of its development and covers a la…
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Anonymous
Very good overview of the weekly steel market.
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