Sweden’s national debt office is expected to recommend that the government backs a state guarantee to allow the European Investment Bank to lend Saab EUR400m (US$558m).
The office is currently carrying out what it described as a ‘light review’ of the deal between GM, Saab and Spyker as part of the ‘ordinary course of business’ designed to make sure that no changes had been made to the final agreement.
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The comment by debt office deputy head Erik Sjulander to AFP seemed to allay fears reported by daily Svenska Dagbladet that the deal could be threatened by the review.
