(Bloomberg) — DuPont Inc. secured $3 billion in financing to help it ride out the coronavirus that has decimated demand in the automotive industry and other end markets.The maker of materials used in car interiors and headlamps secured a new revolving credit facility valued at $1 billion and arranged $2 billion in financing to meet debt maturing in November. DuPont said its results held up in the first quarter but it is bracing for further turbulence.“As this pandemic expands globally, the uncertainty around demand in select end markets continues,” Chief Executive Officer Ed Breen said in a statement Monday. “We …read more
Source:: Yahoo Finance
