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Germany: Continental secures financing of €6bn

Continental has reported that it has successfully completed the final stage of its comprehensive refinancing programme. On 29 March 2011, the company agreed new terms and conditions for the VDO loan for an original financing volume of €6.5bn (US$9.16bn) maturing in 2012. The new package comprises a credit volume totalling €6bn Subscribe to Automotive World … Continued

Continental has reported that it has successfully completed the final stage of its comprehensive refinancing programme. On 29 March 2011, the company agreed new terms and conditions for the VDO loan for an original financing volume of €6.5bn (US$9.16bn) maturing in 2012.

The new package comprises a credit volume totalling €6bn

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https://www.automotiveworld.com/articles/86530-germany-continental-secures-financing-of-6bn/

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