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Michelin wheels in SLL as IG loan maturities diverge

AdobeStock_Michelin_575X375_Oct2020
By Mike Turner
21 Oct 2020

Michelin, the French tyre maker, has signed a €2.5bn sustainability-linked revolving credit facility with a three year maturity, as loans bankers say the market has become more nuanced towards maturities since the onset of Covid-19 made many of them tighten terms.

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By Mike Turner
21 Oct 2020