Tag: Investors

Volvo refinance SEK5 billion to Swedish investors

Swedish origin Volvo Cars, owned by China’s Geely Holding announced in a statement on 16th December 2019, that they had issued SEK5 billion worth of convertible preference shares to a group of Swedish institutional investors, comprising Swedish pension fund AMF and Swedish insurance and pension savings group Folksam. “Today’s announcement represents a significant, continued endorsement…