A €7bn debt package has been assembled by banks to support the sale of a Siemens Energy business unit, as the company seeks to streamline operations and strengthen its balance sheet.

A consortium of banks has structured a €7bn debt package to support the sale of a Siemens Energy business unit, as the company seeks to streamline operations and strengthen its balance sheet.

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  • Harriet BeaumontEnglish
    1·
    28 days ago

    Seven billion in fresh debt, conjured by banks we already bailed out once. Round here we can’t even get a plumber.