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COVID-19 pandemic: Faurecia strengthens liquidity by EUR800 million to fight crisis

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COVID-19

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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