Spyker Cars NV has secured short term financing of Saab Automobile AB, access to 30 million convertible loan with Gemini Investment Fund Limited.
In addition to receiving € 30 million of twins, will Saab Automobile, the application for revocation of the EIB in 29100000. As a result of the convertible loan and the EIB to download - which is expected next week - Saab Automobile sum insured € 59,100,000. Upon receipt of these funds provides liquidity Saab Automobile is necessary to restart production.
Saab Automobile is intended to resume production within one week, until an agreement on the delivery plans with their suppliers. To improve delivery times for customers and merchants to existing and future orders will Saab Automobile will be working with our suppliers in order to minimize the effects of the recent production has stopped.
Victor Muller, CEO Spyker and chairman of Saab Automobile said. "I want our loyal employees, subcontractors, suppliers, customers and apologize for the interruption in the last few weeks we will do everything in our power to restore confidence in our business as quickly as possible."
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