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Polestar Automotive Announces A 300M Equity Investment By Banco Bilbao Vizcaya Argentaria, S.A. And NATIXIS

Benzinga·12/19/2025 21:18:19
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Polestar (NASDAQ:PSNY) today announced a USD 300 million equity investment by Banco Bilbao Vizcaya Argentaria, S.A. and NATIXIS, with USD 150 million each. Concurrent with the purchase, these financial institutions have each entered into a put option arrangement with a wholly-owned subsidiary of Geely Sweden Holdings AB, which provides the financial institutions with an exit path, if needed, in three years with certain returns, as part of this equity financing arrangement.