Groupe PSA improves its €3 billion revolving credit facility

Thu, 24/05/2018 - 13:30

Groupe PSA signed, on May 24th 2018, with its banking partners, an amendment of its €3 billion syndicated credit facility.

This amendment improves the economic conditions of this credit facility, signed on April 8th 2014 and amended on November 10th 2015, and extends its maturity. Thus, Groupe PSA benefits from better financial security conditions with a unique €3 billion tranche maturing in May 2023, and two optional one-year extensions.