Peder Lundqvist
-
Denmark to guarantee $112.6 million Fire Point loan for Danish missile-fuel plant
Denmark will provide a state guarantee for a 750 million Danish krone loan to Fire Point’s Danish subsidiary, financed through the Danish Export and Investment Fund. The guarantee is intended to overcome difficulties obtaining credit on standard commercial terms because of the war in Ukraine and support a solid-propellant plant in Southern Jutland expected to begin operating by the end of 2027.