Another day, another episode in the saga of saving Saab. Fortunately, the company's employees, is good news at this time. The Swedish Automobile NV, the owner of the Saab announced Thursday that he received the first payment of € 70 million bridge loan to a Chinese partner Youngman, adding that the restructuring is proceeding as planned. The company said that the additional payments modified, and the last bridge loan agreements signed between Saab Automobile and Youngman, September 12 is expected this week, and October 22. "It is supposed to repay the bridge loan income of 245 million euros in investments in Youngman and Pang Da, which are still obtain approval from the competent authorities and parts of the Swan is expected in the coming weeks," the company said in a statement. This has led the Saab seems to show that far more lives than anyone had expected at all ...
Thursday, October 13, 2011
Saab was the first part of the loan Youngman, waiting for the rest of October 22
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