Standard Chartered leads international bank syndicate in green trade finance facility syndicate including Nordea, ING and Citi to support Polestar’s working capital needs.
Standard Chartered announced that it has led a syndicate of banks – which includes Nordea, ING and Citi (the “lenders”) – in the successful execution of a EUR 350 million uncommitted green trade finance facility with Polestar Performance AB (“Polestar”), the Swedish premium electric performance car maker and an affiliate to Volvo Cars and Geely Holding Group.
