COVID-19 pandemic: Faurecia strengthens liquidity by EUR800 million to fight crisis
Company now has EUR1.4 billion of available liquidity, in addition to its current cash position, to be able to cope with any scenario related to the COVID-19 pandemic
Faurecia has signed a ‘Club Deal’ worth EUR800 million with four of its main banks including BNP Paribas, CA-CIB, Société Générale and Natixis to strengthen liquidity to face any potential scenario related to the covid-19 pandemic, according to a company press release on 14 April 2020
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