In the current Covid-19 context, Groupe PSA strengthens its financial securitywith a new syndicated loan amounting to €3 billion in addition to the existing €3 billion undrawn confirmed line of credit for a total amount of € 6 billion.

This syndicated loan has an initial maturity of 12 months with two optional 3-month extensions.

On this occasion, Philippe de Rovira, Chief Financial Officer of Groupe PSA said: 'This operation reinforces our ability to face up this exceptional situation and prepare the future. It also proves the confidence of our partner banks in the financial strength and recognized resilience of Groupe PSA'

Media contact:

Karine Douet : +33 6 61 64 03 83 -karine.douet@mpsa.com

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Peugeot SA published this content on 06 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2020 07:00:09 UTC