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Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

OEM increased its Green Trade Finance Facility to $522M

Johnnie Martinez II

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure amid uneven demand, elevated prices and upcoming model launches.  Geely Sweden Holdings and Volvo Cars completed previously announced debt-to-equity conversions on June 30, according to a July 1 release by Swedish EV maker Polestar.   […]

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