Factbox-Who are bankrupt Northvolt's creditors?
(Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, filed for Chapter 11 bankruptcy protection in the United States with debts of $5.8 billion and only $30 million in cash.
Here are Northvolt's creditors listed in its Chapter 11 bankruptcy filing:
NORTHVOLT AB UNSECURED DEBT FACILITIES
Total (EPA:TTEF ) Northvolt AB Debt: $3.9 billion
FACILITY MATURITY OUTSTANDING
PRINCIPAL AMOUNT
Shareholder Aug. 14, 2025 $154 million
Bridge
Facility
VW Dec. 31, 2025 $330 million
Convertible
Instrument
Volta Aug. 17, 2027 $2.764 billion
Convertible
Instrument
KfW June 30, 2028 $670 million
Convertible
Instrument
SECURED DEBT FACILITIES FOR NORTHVOLT ETT, ITS ONLY OPERATING BATTERY FACTORY IN NORTHERN SWEDEN
Total Northvolt Ett Debt: $1.74 billion
FACILITY MATURITY OUTSTANDING
PRINCIPAL AMOUNT
EIB Term Loan Dec. 31, 2029 $313 million
Commercial Dec. 31, 2029 $45 million
Uncovered Term
Loan
KEXIM Term Dec. 31, 2029 $87 million
Loan
Euler Hermes Dec. 31, 2029 $470 million
Covered Term
Loan
NEXI Covered Dec. 31, 2029 $131 million
Term Loan
BPIAE Covered Dec. 31, 2029 $67 million
Term Loan
Revolving WC Dec. 31, 2029 $110 million
Facility
Northvolt Ett June 30, 2030 $405 million
Second Lien
Northvolt Ett Jan. 24, 2025 $72 million
Inventory
Financing
Northvolt Ett March 18, 2025 $42 million
Second
Inventory
Financing
CANADIAN SECURE DEBT FACILITY
FACILITY MATURITY OUTSTANDING
PRINCIPAL AMOUNT
Northvolt Oct. 31, $181 million
Canada Land 2038
Loan
Source: Investing.com
