Geely drives in for tightly priced €1.4bn dual-trancher

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Geely drives in for tightly priced €1.4bn dual-trancher

Volvo_Cars_PA_230x150
2019 Volvo V60 Wagon is unveiled at the 2018 New York International Auto Show at the Jacob K. Javits Convention Center in New York City on March 28, 2018. The first New York Auto Show was held in 1900 and it was the first auto show ever held in North America. About 1 million visitors are expected to attend the show. Photo by John Angelillo/UPI | JOHN ANGELILLO/UPI/PA Images

Chinese automobile retailer Zhejiang Geely Holding Group has returned for a €1.4bn dual-tranche facility to refinance a bridge loan raised last year for its purchase of a share in Swedish truck maker AB Volvo.

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