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Renault announces 5 billion loan guaranteed by the French state

2020-06-04T17:32:50.158Z


After the authorization from the Paris authorities, Renault announces the implementation of the 5 billion euro loan guaranteed by the French state to face the unprecedented crisis due to the coronavirus. (HANDLE)


 After the authorization from the Paris authorities, Renault announces the implementation of the 5 billion euro loan guaranteed by the French state to face the unprecedented crisis due to the coronavirus. The French manufacturer has announced, in particular, the implementation together with a pool of banks of a credit opening agreement for a total of up to € 5 billion with a state guarantee. An unprecedented initiative to deal with the unprecedented situation that shakes one of the flagships of the French industry. 

Source: ansa

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