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Peugeot to sign €5.3 billion loan for its bank unit next week, report says


PSA Peugeot Citroen will sign about €5.3 billion of loans for its bank unit in the next week after lenders offered more than it was originally estimated. According to two people familiar with the matter quoted by Bloomberg, the refinancing comprises a €4.1 billion five-year term loan and a €1.2 billion three-year forward start facility. The refinancing is part of a ...
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Volvo gets $1.2 billion loan from China Development Bank
Volvo Car Corporation will receive a €922 million ($1.2 billion) loan from China Development Bank to repay its debt, the Swedish carmaker announced on Thursday. The Chinese-owned carmaker hopes for more ...
Chrysler to repay government loans on May 24
U.S. automaker Chrysler Group LLC borrowed $6.2 billion to refinance highcost government loans stemming from its 2009 bankruptcy restructuring, people familiar with the matter said Thursday. Chrysler has been in dialogue ...
Porsche turns to German government for loan
Porsche said it had asked the German government for a loan, raising fresh questions on Wednesday over its ability to manage a debt mountain that has already forced it to ...

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