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McLaren
McLaren is looking into various funding options to help the sportscar maker and Formula One team owner negotiate the coronavirus pandemic, a spokesman said on Thursday. Sky News reported that British-based McLaren was seeking to raise up to 275 million pounds ($335.61 million) by borrowing against its Woking headquarters and extensive collection of historic racing cars. It quoted sources as saying McLaren, advised by JP Morgan, could raise the money in the form of new bonds with funding secur
Continue reading McLaren trying to raise millions by putting its HQ, historic cars up for collateral
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McLaren trying to raise millions by putting its HQ, historic cars up for collateral
