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McLaren set to arrange loan with Bahrain national bank

The move would allow the company to obtain at least the first stage of the required refinancing from a 'friendly' organisation that shares a significant part of its ownership with McLaren itself.
The NBB is 44% owned by the Mumtalakat Holding Company, Bahrain's sovereign wealth fund, which also owns 56% of McLaren. A loan between the two parties would be on more favourable terms than those ...Keep reading

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