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CMA CGM secures $1.1bn state-backed loan

France will guarantee 70% of a syndicated loan provided by banks including BNP Paribas, HSBC and Société Générale, as the carrier looks to mitigate the impact of a 10% drop in volumes due to the coronavirus

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The loan is part of France’s state-guaranteed loan scheme established at the end of March in response to the coronavirus backdrop

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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