May 8, 2020 / 7:41 AM / a month ago

Siemens has secured 3 billion euro loan for Energy spin-off: BBG TV

FRANKFURT (Reuters) - Siemens (SIEGn.DE) has secured a 3 billion euro ($3.25 billion) loan that will be transferred to the group’s Energy unit, which is scheduled to be spun off at the end of September, Chief Executive Joe Kaeser told Bloomberg TV on Friday.

Reporting by Christoph Steitz; editing by Thomas Seythal

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