World NM: McLaren considers sale of global headquarters to raise cash000120

Luxury sports-car maker McLaren Automotive is considering a sale of its global headquarters as part of a refinancing strategy the company announced earlier this year.
McLaren sought emergency funds over the summer offering its headquarters and historic car collection as collateral.
Existing creditors opposed the plan in court, eventually forcing McLaren to raise 150 million pounds from National Bank of Bahrain, a lender linked to its largest shareholder Mumtalakat, Bahrain’s sovereign wealth fund.

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