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CMA CGM taps French loan scheme to boost cash in coronavirus crisis

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.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300