For weeks, the EIB has been seeking a real estate sale, an application for another 30 million from the EIB Development Loan, an application from Antonov to join Saab and a request from Gemini to convert a convertible bond into shares. An application from Pang Da will be added shortly. Forgot one - maybe?
The EIB believes that Saab is partly to blame because several amendments that require a “coordinated assessment” by the bank and other parties have come about during the ongoing process for short and medium-term financing. In its statement, the EIB signaled its readiness to pave the way for a new financier.
Alright? Unfortunately nothing moves in Luxembourg for weeks what could help Saab or suppliers. Antonov has EIB as a extrem inkompetente Bank translated. 🙁 Have a nice evening to all readers!