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

cma cgm container ship

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...

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