Schaeffler to Get 12 Billion Euro Refinancing
18 Aug 2009, 16:42 UTC · By: Daniel Patrascu / Troubled German ball-bearing maker Schaeffler announced today it has agreed to a 12 billion euro refinancing of its debt, bringing the company closer to a merger with Continental. The announcement m...
Porsche Gets Closer to 10 Billion Refinancing
19 Mar 2009, 09:12 UTC · By: Daniel Patrascu / German manufacturer Porsche draws ever closer to coming to an agreement with some 10 banks regarding the 10 billion euro loan refinancing deadline set for March 24, but as insiders told Reuters, it ...