Monitoring Desk
PARIS (Reuters) – French carmaker Renault in December drew down an extra 1 billion of its 5 billion euro ($6.1 billion) government-guaranteed loan arranged due to the COVID-19 crisis, Deputy Chief Executive Clotilde Delbos told an online presentation on Thursday.
Renault has now tapped 4 billion euros of the loan, Delbos said, adding that the company felt it was wise to use the means at its disposal.
($1 = 0.8224 euros)
Courtesy: Reuters
