PSA Peugeot Citroën Amends Its €3-Billion Revolving Credit Facility
12 November 2015 - 6:10PM
Business Wire
Regulatory News:
PSA Peugeot Citroën (Paris:UG) achieved last November 10, 2015,
the renegotiation of financial conditions and maturity extension of
its €3-billion syndicated credit facility, signed on 8 April 2014,
with its banking partners:
- the €2-billion tranche is extended to
2020,
- the €1-billion tranche is extended to
2018 and the two optional one-year extensions are maintained.
Commenting on this publication, Jean Baptiste de Chatillon, PSA
Peugeot Citroën's Chief Financial Officer, said: "This operation is
a success and illustrates the confidence of our banking partners in
the strategy of the Group. With this ‘Amend & Extend’
operation, the Group reflects the improvement of its operational
situation in its financial charges and improves its funding
maturities.”
About PSA Peugeot Citroën
With its three world-renowned brands, Peugeot, Citroën and DS,
PSA Peugeot Citroën sold 3 million vehicles worldwide in 2014. The
second largest carmaker in Europe, PSA Peugeot Citroën recorded
sales and revenue of €54 billion in 2014. The Group confirms its
position of European leader in terms of CO2 emissions, with an
average of 110.3 grams of CO2/km in 2014. PSA Peugeot Citroën
operates in 160 countries. It is also involved in financing
activities (Banque PSA Finance) and automotive equipment
(Faurecia).
For more information, please visit psa-peugeot-citroen.com.
Communications Division - 75 avenue de la
Grande-Armée - 75116 Paris, France+33 1 40 66 42 00 –
psa-peugeot-citroen.com – @PSA_news
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version on businesswire.com: http://www.businesswire.com/news/home/20151112006220/en/
PSA Peugeot CitroënRelations PressePierre-Olivier
Salmon, +33 (0) 1 40 66 49
94pierreolivier.salmon@mpsa.comorRelations
InvestisseursFrédéric Brunet, +33 (0) 1 40 66 42
59frederic.brunet@mpsa.com
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