Syndicated loan tag — on news-trading.com

Syndicated loan

about 2 months ago

Geely Updates Financing: New Horizons for Electric Vehicles

Zhejiang Geely Holding Group Co., owned by billionaire Li Shufu, has secured a landmark three-year syndicated loan agreement worth €2.4 billion (approximately $2.5 billion). This move will allow the company to refinance loans related to its acquisition of a stake in Swedish automaker Volvo AB in 2018, marking a significant step for Geely in strengthening its position in the global market.

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Syndicated loan

Sophia Bennett@StockHerald

about 2 months ago

Geely Updates Financing: New Horizons for Electric Vehicles

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Zhejiang Geely Holding Group Co., owned by billionaire Li Shufu, has secured a landmark three-year syndicated loan agreement worth €2.4 billion (approximately $2.5 billion). This move will allow the company to refinance loans related to its acquisition of a stake in Swedish automaker Volvo AB in 2018, marking a significant step for Geely in strengthening its position in the global market.

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