Sweden: Volvo Cars seeks larger EIB loan

Volvo Cars is believed to be seeking a larger European Investment Bank (EIB) loan than originally planned, its target now being to borrow €600m (US$761m). According to a Reuters report, the original intention was to seek a loan of €500m from the EIB, which is the EU's long-term lending institution. Volvo Subscribe to Automotive World … Continued

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• September 1, 2010