Peugeot preps new loan

PSA Peugeot Citröen is lining up a loan of about Eu2.5bn, which it expects to sign in the next few days. “We are negotiating a new syndicated credit line,” said Christian Streiff, Peugeot’s chief executive, at a Geneva motor show. “We already have a Eu2.4bn syndicated credit line which we have avoided to use.”