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Pirelli signs €500m credit line agreement

Author: Andrew Bogie Comments: 0

Pirelli has a new 500 million euro line of credit following a new agreement with a select pool of international banks. Pirelli said the line will enable the reinforcement of the liquidity margin which, on 30 September 2023, already guaranteed coverage of debt maturities to the end of 2025. It will mature in December 2027.

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