[GOTHENBURG, Sweden] – Polestar, a Swedish electric vehicle manufacturer, revealed on Feb. 28, 2025, via Business Wire Business Wire, the successful completion of a $450 million term facility alongside the renewal of a EUR 480 million green trade finance facility. This dual financing package enhances Polestar’s capital base, supporting its ambitious production goals and sustainability commitments into 2025. The $450 million term facility provides long-term funding for operational expansion, while the EUR 480 million green trade finance renewal reinforces Polestar’s supply chain resilience, aligning with its environmental objectives amid rising demand for electric vehicles in the middle market. This strategic move positions Polestar to navigate economic uncertainties while advancing its electrification agenda. Read the full announcement here.
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Polestar Secures $450M Term Facility and Renews EUR 480M Green Trade Finance
Polestar has secured a $450 million term facility and renewed a EUR 480 million green trade finance facility, strengthening its financial foundation as of Feb. 28, 2025.
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