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Continental Refinances Credit Lines Maturing in 2012

Continental Refinances Credit Lines Maturing in 2012

Automotive supplier secures financing of ?6 billion. Terms and financial debt maturity profile substantially improved. Frankfurt/Main, Hanover, March 29, 2011. The Continental Corporation has successfully completed the final stage of its comprehensive refinancing program. On Tuesday, the international automotive supplier agreed new terms and conditions for the VDO loan for an original financing volume of ?6.5 billion maturing next year.…
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