Peugeot Citroen reveals 750-mln-euro bond issue
10 July 2009, 12:58 CET
(PARIS) - French auto group PSA Peugeot Citroen said on Friday that it hadplaced a bond issue to raise 750 million euros (1.0 billion dollars), with a life of five years and offering a return of 8.375 percent.
The issue was part of a strategy to strengthen the group's financial resources and to iron out its debt, the company said.
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