Tereos, the world’s second-largest sugar producer, posted its first full-year net profit in three years last month, helped by higher sugar prices in Europe and asset sales, but debt remained high, at 2.6 billion euros by March 31.
The loan, granted under a program to support businesses impacted by the COVID-19 crisis, was guaranteed at 80% by the French state and repayable within five years, Tereos said. It was secured with Natixis, BNP Paribas, Rabobank, Commerzbank, Bred Banque Populaire, Banque Palatine, Caisse d’Epargne et de Prevoyance Grand Est Europe, Credit Cooperatif, Crédit Industriel et Commercial.
Source: Loan Digest (loandigest.net)
Macron, How does one apply for one of those?
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