EIB loan to Volvo Cars

27 December 2010 - Press release

The Government has today mandated the Swedish National Debt Office to sign an agreement to provide a state guarantee concerning a loan from the European Investment Bank (EIB) to Volvo Cars.

The state guarantee applies to a loan of SEK 3.55 billion and is based on the temporary regulatory framework created by the EU in December 2008 to support the European motor industry.

 

For further information please contact:

Daniel Barr, Project Manager, phone No. + 46 (8) 613 46 94

Marja Lång, Chief Press Officer, phone No. + 46 (8) 613 46 54