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Vinge advises the Swedish National Debt Office in connection with a state credit guarantee for SAAB

February 24, 2010

Vinge has represented the Swedish government acting through the Swedish National Debt Office in connection with the state credit guarantee for SAAB Automobile’s loan of EUR 400 million from the European Investment Bank (EIB). The state guarantee agreement was entered into in conjunction with closing of Spiker Cars N.V.’s acquisition of all shares in SAAB. Saab and its new owners have provided pledges in various assets in Sweden as security for their obligations in accordance with the back-to-back agreement which Saab has entered into with the National Debt Office.

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