(Reuters) -Northvolt, the Swedish maker of battery cells for electrical automobiles, on Nov. 21 filed for Chapter 11 chapter safety in the USA with money owed of $5.8 billion and solely $30 million in money.
Listed here are Northvolt’s collectors listed in its Chapter 11 chapter submitting and excellent principal quantities:
NORTHVOLT AB UNSECURED DEBT FACILITIES
Whole (EPA:TTEF) Northvolt AB Debt: $3.9 billion
* Volta Convertible Instrument: due Aug. 17, 2027; $2.76 billion
* KfW Convertible Instrument: due June 30, 2028; $670 million
* VW Convertible Instrument: due Dec. 31, 2025; $330 million * Shareholder Bridge Facility: due Aug. 14, 2025; $154 million
SECURED DEBT FACILITIES FOR NORTHVOLT ETT, ITS ONLY OPERATING BATTERY FACTORY IN NORTHERN SWEDEN
Whole Northvolt Ett Debt: $1.74 billion
* Euler Hermes Coated Time period Mortgage: due Dec. 31, 2029; $470 million
* Northvolt Ett Second Lien: due June 30, 2030; $405 million
* EIB Time period Mortgage: due Dec. 31, 2029; $313 million
* NEXI Coated Time period Mortgage: due Dec. 31, 2029; $131 million
* Revolving WC Facility: due Dec. 31, 2029; $110 million
* KEXIM Time period Mortgage: due Dec. 31, 2029; $87 million
* Northvolt Ett Stock Financing: due Jan. 24, 2025; $72 million
* BPIAE Coated Time period Mortgage: due Dec. 31, 2029; $67 million * Industrial Uncovered Time period Mortgage: due Dec. 31, 2029; $45 million * Northvolt Ett Second Stock Financing: due March 18, 2025; $42 million
CANADIAN SECURE DEBT FACILITY
* Northvolt Canada Land Mortgage: due Oct. 31, 2038; $181 million
UNSECURED CREDITORS
Northvolt’s unsecured collectors embody its largest shareholders Goldman Sachs and Volkswagen (ETR:VOWG_p), whose manufacturers Scania, Porsche and Audi are prospects of the battery maker. Volta, an organization which checks battery programs, is its largest creditor.
* Volta: $3.85 billion
* KFW: $696.0 million
* Volkswagen: $355.3 million
* Nordic Trustee and Company: $154.0 million
* SFA Engineering: $30.2 million
* BHP Billiton (NYSE:BBL) Advertising and marketing: $30.2 million
* Axima Idea Sweden Filial: $21.5 million
* Wuxi Lead Clever Tools: $19.7 million
* Easpring Expertise (Changzhou) New Materials: $16.9 million
* Bravida Sverige: $10.0 million
* Microsoft (NASDAQ:MSFT): $8.9 million
* Jiangsu Easpring Materials Expertise: $7.1 million
* LF: $6.3 million
* Tianqi Lithium Kwinana: $6.1 million
* Sodexo (EPA:EXHO): $5.9 million
* Skellefteå Kraftaktiebolag: $5.5 million
* BNP Paribas (OTC:BNPQY): $5.2 million
* RJ And Collab: $5.0 million
* Goldman Sachs Financial institution Europe: $4.8 million
* Stena Recycling: $4.6 million
* Senior Materials (Europe): $4.5 million
* Randstad (AS:RAND): $4.3 million
* Kedali Sweden: $4.2 million
* Hanwha Momentum: $4.1 million
* Ventpartner I Västmanland: $4.1 million
* Kataoka Company: $4.0 million
* Axima Idea: $3.9 million
* J.P Morgan: $3.7 million
* CIS: $3.7 million
* Vakanta: $3.5 million
(Bloomberg) -- The Federal Reserve’s most well-liked inflation metric is predicted to chill to the…
(Reuters) - An financial partnership between Ukraine and the U.S. would profit each nations, U.S.…
Shutterstock / Shutterstock.com The economic system is large, complicated and tough for most individuals to…
Consumers in Walnut Creek, Calif., on Dec. 16, 2024. Most official information continues to point…
The Federal Reserve constructing in Washington, DC. - Joshua Roberts/Reuters/File Elon Musk is eager on…
The spring home-selling season is shaping as much as be difficult for main homebuilders, largely…