tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Polestar Secures USD 600 Million Term Loan Facility

Story Highlights
  • Polestar announced a USD 600 million term loan facility with Geely Sweden Automotive Investment AB.
  • The loan supports Polestar’s financial flexibility and strategic goals in the electric vehicle market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Polestar Secures USD 600 Million Term Loan Facility

Claim 50% Off TipRanks Premium and Invest with Confidence

Polestar Automotive Holding UK PLC Sponsored ADR Class C ( (PSNYW) ) has issued an announcement.

On December 16, 2025, Polestar announced a new credit agreement for a USD 600 million term loan facility with Geely Sweden Automotive Investment AB, a subsidiary of Geely Sweden Holdings AB. The facility, which is available for general corporate purposes, includes a committed USD 300 million and an uncommitted USD 300 million contingent on lender consent. This agreement strengthens Polestar’s financial position, allowing for flexibility in its operations and supporting its strategic goals in the competitive electric vehicle market.

The most recent analyst rating on (PSNYW) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Polestar Automotive Holding UK PLC Sponsored ADR Class C stock, see the PSNYW Stock Forecast page.

Spark’s Take on PSNYW Stock

According to Spark, TipRanks’ AI Analyst, PSNYW is a Neutral.

Polestar’s overall stock score is primarily impacted by its weak financial performance and technical indicators, both scoring at the lowest end. While the earnings call provided some positive insights into revenue growth, the ongoing financial and market challenges significantly weigh down the overall score.

To see Spark’s full report on PSNYW stock, click here.

More about Polestar Automotive Holding UK PLC Sponsored ADR Class C

Polestar Automotive Holding UK PLC, headquartered in Gothenburg, Sweden, is a Swedish electric performance car brand known for its commitment to sustainability and innovative design. The company offers a range of models including Polestar 2, 3, 4, and 5, with plans to expand its lineup with the Polestar 7 compact SUV and Polestar 6 roadster. Polestar operates in 28 markets globally and aims to halve its greenhouse gas emissions per vehicle by 2030 and achieve climate neutrality across its value chain by 2040.

Average Trading Volume: 67,868

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.12B

Learn more about PSNYW stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1