Besson Says Petroplus Has Funding to Jan. 20, Echos Reports

French Industry Minister Eric Besson said Petroplus Holdings AG has funding to last until the end of the week, Les Echos reported, citing his comments on BFM Radio.

Zug, Switzerland-based Petroplus, Europe’s largest independent refiner, has been fighting to avoid collapse since lenders froze $1 billion in uncommitted loans in December.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE