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France: Renault and PSA repay €2bn of state loans

The Renault group has announced it will reimburse €1bn (US$1.27bn) of the €3bn loan advanced to it by the French State in April 2009. PSA Peugeot Citroen has also announced a similar commitment. Both payments are in advance of the originally agreed timetable, which indicated repayment of the loans starting Subscribe to Automotive World to … Continued

The Renault group has announced it will reimburse €1bn (US$1.27bn) of the €3bn loan advanced to it by the French State in April 2009. PSA Peugeot Citroen has also announced a similar commitment. Both payments are in advance of the originally agreed timetable, which indicated repayment of the loans starting

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https://www.automotiveworld.com/articles/83707-france-renault-and-psa-repay-2bn-of-state-loans/

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