Chinese buyers vow long-term 600 million euros financing for Saab

trymee submitted on 10/31/2011 Auto Spies Photos Timestamp: 11:23:13 AM

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As you may know already, on Friday we announced that Swedish Automobile agreed to sale Saab brand to China’s Pang Da and Youngman for 100 million euros ($142 million). Today the two companies announced that they are planning to provide a 50 million euro bridge loan as well as 610 million euros in long-term

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Chinese buyers vow long-term 600 million euros financing for Saab

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