Germany: Continental may issue €4bn of bonds

In an interview with German newspaper Handelsblatt, Continental's chief financial officer Wolfgang Schaefer has indicated the supplier will seek to raise as much as €4bn (US$4.9bn) in new bond issues in 2010, significantly higher than the originally planned €1.5bn-€2bn for this year. The objective of the new bond issues will be It’s time to log … Continued

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• June 16, 2010