Continental takes steps to refinance loan due in April 2014

Newswire

BERLIN, Dec 21 (Reuters) - German auto parts and tyre maker Continental said on Friday it is taking steps to refinance a syndicated loan due in April 2014. The Hanover-based company aims to reduce the loan volume slightly to 4.5 billion euros ($5.96 billion), based on a three-year tranche of 1.5 billion euros and a five-year revolving credit facility of 3 billion euros, it said. ($1 = 0.7555 euros) (Reporting by Andreas Cremer)

Premium Content (PAID Subscription Required)

"Continental takes steps to refinance loan due in April 2014" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×