("=UPDATE: Swedish Govt Provides SEK3.55B Guarantees To Volvo," at 1130 GMT, misstated that Volvo Cars is owned by China's Geely Automobile Holding Ltd. in the first paragraph. The error also appeared in "Swedish Government Provides Guarantees Of SEK3.5B To Volvo Cars," AT 1037 GMT. The correct version follows:)
STOCKHOLM (Dow Jones)--The Swedish government said Wednesday it will provide state guarantees of 3.55 billion Swedish kronor ($514 million) to secure the European Investment Bank's loan to Sweden-based car maker Volvo Cars, owned by Chinese ...