Thursday, June 30, 2011

Crisis Saab get a loan of 25 million from Gemini Investment Fund Limited

Swedish Auto (formerly Spyker) has announced the signing of an agreement with Gemini Investment Fund Limited for a loan of 25 million euros, which will provide additional funding to Saab in the short term. The loan, with a rate of 10% per annum, has a maturity of 6 months. Swedish Car may redeem the loan at any time without penalty and intends to use this possibility as soon as the funds received

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