27
Mar
13:09
Northvolt seeks $5 billion in debt financing
Swedish battery manufacturer Northvolt is reportedly seeking to raise around $5 billion in financing to support its expansion of battery cell and anode material production in Europe.
The Financial Times reported on Sunday that the company is in discussions with multiple banks to secure debt financing. Unnamed sources familiar with the talks say a deal is targeted for later this year.
Last month, Reuters reported that the company is close to hiring banks for an …
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Anonymous
Very good overview of the weekly steel market.
Anonymous