Peugeot lining up big loan

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Peugeot lining up big loan

Peugeot Citröen is negotiating with its banks over a loan of about Eu2.4bn and the company’s chief executive, Christian Streiff, said that an announcement would be made in the next few days. Peugeot received a Eu3bn credit line from the French government last month as part of a support package for the country’s auto industry. Read more about the deal on Friday.

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