EIB MAKES 300 MLN FRANC LOAN TO PEUGEOT
The European Investment Bank said it is
making a 300 mln franc loan to Peugeot SA <PEUP.PA> to
restructure the paint works at its Sochaux car factory in
France.
    It said the ten-year loan carries interest at 9.15 pct and
follows a 300 mln franc 8.60 pct ten-year loan the bank made to
Peugeot last July.
    Work on the paint shop at Sochaux is part of a 1.3 billion
franc operation to modernise the group's factories, it added.
 REUTER
