/

Browse bank loans articles

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 ...
Read more

related more
spacer
spacer

More bank loans articles

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 ...

latest automotive news
Italian Government Presses Marchionne Not to Move Fiat to the US
The Italian government will try to convince Sergio Marchionne not to move Fiat and Fiat Industrial from the country. Industry Minister ...
Peugeot Expects Auto Market in Europe to Stabilize at Low Level
PSA Peugeot Citroen said that demand for new vehicle in Europe has begun to stabilize after deliveries increased last month ...
Button not committing to McLaren’s Honda era
May 22 (GMM/Inautonews.com) Jenson Button on Wednesday refused to commit to McLaren for the beginning of the Honda era ...
Tesla Repaying Loan Gives Obama Biggest Green Win
Tesla paying back the Energy Department loan gives President Barack Obama the biggest win when it comes to his green-energy ...
Daimler and Aston Martin Might Become Partners
Daimler announced it has begun talks with Aston Martin about a possible partnership between the two automakers. The German automaker did ...
Daimler Might Sell German Dealerships to Cut Costs
Daimler might sell four Mercedes-Benz dealerships located in Germany to be able to cut costs and close a profitability gap ...
Lada Niva is renamed the Lada Taiga
The classic Lada Niva off-roader has been recently renamed the Lada Taiga and the model will continue to be offered ...
Renault Megane RS Red Bull Racing RB8 announced
The French based automaker Renault has recently announced its plans to introduce the Megane RS Red Bull Racing RB8, which ...
GM Transfers Finance Jobs to Detroit From New York
GM announced its plans to move 70 finance jobs from New York to Detroit by mid-2014. For decades GM’s treasury office ...
2014 Subaru Legacy and 2014 Outback get priced in the U.S.
Subaru has recently announced the official price lists for the 2014 Legacy and 2014 Outback in the United States. According to ...
Ford Fights High Labor Costs in Canada, GM Transfers Production to the US
Ford, which is the best-selling automaker in Canada, is confident that it will be able to keep its manufacturing profile ...
Malaysia: New Mercedes-Benz A-Class generation teased
The new generation of the Mercedes-Benz has been recently teased for its Malaysian launch, which will probably be set for ...
Meet the 2015 BMW M3
The very first images with the new generation of the M3 have recently hit the web, ahead of its unveil ...
GM and NADA Help Oklahoma Dealerships’ Employees Affected by the Tornado
GM and the National Automobile Dealers Association began helping dealers affected by the Monday’s tornado in Oklahoma. "NADA is working with ...
[VIDEO] Porsche Cayman gets new promo
The German based automaker Porsche has recently released a new promotional video with the new Cayman generation, named “The Code ...
China police gets new Skoda Rapid
The Chinese police department has recently received a new vehicle, a Skoda Rapid, which will be used to fight crime ...
[VIDEO] McLaren MP4-12C vs. Ferrari 458 Italia
A Ferrari 458 Italia and a McLaren MP4-12C have been recently pinned together in a small drag race. The Ferrari 458 ...
Lamborghini Murcielago driver kills motorcyclist in China
The driver of a Lamborghini Murcielago has killed a motorcyclist in China, after losing control of the wheel, due to ...