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Home Icon > About Us > News > CMA CGM Taps French Loan Scheme for $1.1 Billion in COVID-19 Funds

CMA CGM Taps French Loan Scheme for $1.1 Billion in COVID-19 Funds

PARIS, May 13 (Reuters) – Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it seeks to bolster its cash position during the coronavirus pandemic, which has hammered international trade. The loan, secured from a consortium of banks comprising BNP Paribas, HSBC […]

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