Sweden: NDO approves Saab’s funding plan

The Swedish National Debt Office (NDO) has approved the funding solution put forward by Saab Automobile, paving the way for the release of collateral. Saab, which needs funds to pay its suppliers in order to resume production, is currently unable to source external funding as significant portions of its Subscribe to Automotive World to continue … Continued

• By Webmaster
• April 26, 2011