Germany: Continental said to begin refinancing talks

Continental AG is reported to have commenced negotiations with lenders to refinance €5.3bn (US$7.3bn) in loans coming due in 2012. According to Bloomberg, citing unnamed sources said to have knowledge of the talks, the discussions are at an exploratory stage and the company hasn't decided on terms of the refinancing, Subscribe to Automotive World to … Continued

• By Webmaster
• January 28, 2011