Saab is a company that has been hit hard by the recent economic crisis, yet it manages to soldier on, selling 10,888 vehicles in the first quarter of the year, four times more than in the same period of last year. Now, Spiker Cars, has announced that it secured the short-term funding of Saab Automobile.
The money comes in the form of €30 million from Gemini Investment Fund Limited. Spyker has entered into a convertible loan agreement with Gemini with a 6 months maturity. The interest rat...
Source: http://www.autoevolution.com/news/saab-secures-short-term-financing-34915.html
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