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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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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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