Porsche keeps syndicate guessing ahead of due date

Confusion still reigns over whether Porsche has received enough commitments to refinance and repay parts of a Eu10bn revolver due tomorrow (Tuesday). Alarm is rising among members of the original syndicate that they may not be repaid on time. Allocations for the refinancing, which were expected to be settled today, have yet to be disclosed, according to some bankers close to the deal who said they were being kept in the dark about developments.