Maturity: 18 months (12 months + 6 months option at Faurecia’s initiative) Senior unsecured loan, unguaranteed, pari passu with the rest of the Group’s long-term debt Drawn on Friday, April 17, 2020 This €800 million liquidity is in addition to the €600 million not drawn from the €1.2 billion syndicated credit line (maturity: June 2024)… Continue reading @Groupe PSA: Faurecia strengthens its liquidity by 800 million euros to face any potential scenario related to the covid-19 crisis
Author: PSA Official News
@Groupe PSA: PEUGEOT financing solutions to acquire a new vehicle in France
The PEUGEOT brand makes more than one out of every two sales using Lease Purchase Option financing. In addition, the PEUGEOT network offers each customer wishing to purchase a new vehicle in France other financing solutions and additional services such as extended warranties or vehicle maintenance. The financing and services distributed by the PEUGEOT network… Continue reading @Groupe PSA: PEUGEOT financing solutions to acquire a new vehicle in France
@Groupe PSA: #OpelOpen – Opel Dealers and Employees Show Their Commitment to Customers
#OpelOpen: new campaign with first European decentralised spot from 14 markets All together now: dealers and employees from all over Europe contribute 300 videos Made at the “home office”: video created in only 72 hours at almost zero cost Workshops remain open: customers can make appointments at any time Springtime offers: services continue, spare parts… Continue reading @Groupe PSA: #OpelOpen – Opel Dealers and Employees Show Their Commitment to Customers
@Groupe PSA: Groupe PSA: Signature of a Social Solidarity Agreement, Protecting the Health of Employees and the Company
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: “This agreement brings us together and prepares our future. It illustrates the quality of social dialogue in our Group, which helps to protect the health and safety of employees, while preserving the sustainability of our company. It demonstrates our ability to move forward together in all situations, with responsible action, and… Continue reading @Groupe PSA: Groupe PSA: Signature of a Social Solidarity Agreement, Protecting the Health of Employees and the Company
@Groupe PSA: Signature of a social solidarity agreement, protecting the health of employees and the company
An agreement signed by 4 out of 5 representative French trade union organizations, representing more than 80% of employees Implementation of the protocol for reinforced health measures, built and validated with medical teams, involving union partners, and monitored by auditors Creation of a solidarity fund to guarantee 100% salary compensation to all employees Possible… Continue reading @Groupe PSA: Signature of a social solidarity agreement, protecting the health of employees and the company
@Groupe PSA: Top Service: Opel Dealers Keep Their Customers Mobile
Workshops remain open: make an appointment for inspection or repairs Service campaigns continue: windscreen wiper replacement or post-winter check-up Spares supply secured: all servicing with original Opel parts “Drive-Thru“ offers: stay in the car while smaller jobs are done for you Rüsselsheim. Opel dealers are there for their customers. They can be reached via telephone… Continue reading @Groupe PSA: Top Service: Opel Dealers Keep Their Customers Mobile
@Groupe PSA: Covid-19: Fondation PSA provides exceptional support to “All United Against Coronavirus” alliance of Fondation de France, AP-HP and Institut Pasteur
Mobilization for Covid-19 emergency aid, of all the funds allocated to the 2020 calls for projects of Fondation PSA This donation will support the mobility of structures supporting the sick and fragile people “The health crisis we are going through has shown the essential role of mobility in meeting the essential needs of populations:… Continue reading @Groupe PSA: Covid-19: Fondation PSA provides exceptional support to “All United Against Coronavirus” alliance of Fondation de France, AP-HP and Institut Pasteur
@Groupe PSA: PSA and BNP Paribas Enter into a Long-term Strategic Partnership with Joint Acquisition of Opel/Vauxhall Brands
PSA and BNP Paribas Enter into a Long-term Strategic Partnership with Joint Acquisition of Opel/Vauxhall Brands PARIS, 09-Mar-2017 — /EuropaWire/ — As part of the broader alliance announced today between PSA Group and GM’s Opel subsidiary, PSA and BNP Paribas have agreed to jointly acquire Opel / Vauxhall’s captive financing activities and have entered into a… Continue reading @Groupe PSA: PSA and BNP Paribas Enter into a Long-term Strategic Partnership with Joint Acquisition of Opel/Vauxhall Brands
@Groupe PSA: Supervisory Board Press Release – Cooptation
At its extraordinary meeting on April 3, 2020, on proposal of shareholder Dongfeng Motor Group Company Ltd, Peugeot S.A.’s Supervisory Board decided to co-opt M. ZHANG Zutong as a member of the Supervisory Board, replacing M. YOU Zheng, who has resigned, and appointed M. ZHANG Zutong as a member of the Financial and Audit Committee,… Continue reading @Groupe PSA: Supervisory Board Press Release – Cooptation
@Groupe PSA: Groupe PSA signs an additional € 3 billion syndicated loan
In the current Covid-19 context, Groupe PSA strengthens its financial security with a new syndicated loan amounting to €3 billion in addition to the existing €3 billion undrawn confirmed line of credit for a total amount of € 6 billion. This syndicated loan has an initial maturity of 12 months with two optional 3-month extensions.… Continue reading @Groupe PSA: Groupe PSA signs an additional € 3 billion syndicated loan