Continental Completes Repayment of Bond Loan

As announced two weeks ago, Continental has now completed the repayment of a 500 million euro bond loan. In doing so Continental has now undertaken another step on its way to reducing its debts. The German automotive supplier envisages that the sum will be repaid at 104.39 per cent by the 7 December. The bond loan that was issued in 1999 at 5.25 per cent was originally due for 2006.