Stellantis locks in €12bn after Peugeot/Fiat Chrysler merger

July 26, 2021 01:15 pm

Peugeot cars_575px_adobe_12Apr21 — Cognac, France - February 21, 2020:Alignment of luxury second-hand cars for sale on the network of the French Peugeot car dealer | Morad HEGUI/Goodpics - stock.adobe.com

In one of the largest deals in the loan market this year, Stellantis, the Netherlands based company formed from the merger of Fiat Chrysler (FCA) and Peugeot (PSA), has secured a €12bn revolving credit facility. The fresh debt will refinance revolvers from the two car companies.

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