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

Jan. 16 (Bloomberg) -- 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.

To contact the reporter on this story: Frank Connelly at

To contact the editor responsible for this story: Frank Connelly at

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