Supplier Continental was expected to sign a key EUR2.5bn (US$3.60bn) loan extension on Friday, which would allow a planned capital increase to go ahead, bankers said on Friday.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Continental pledged shares in its subsidiaries and upstream guarantees to secure lenders’ agreement to extend the loan by two years to August 2012, in addition to increased margins, fees and new covenants, a senior banker close to the deal told Reuters.


Deutsche Bank and JP Morgan have been appointed to lead the planned EUR1bn capital increase that will follow the EUR2.5bn extension of part of Continental’s EUR11bn loan – the remainder of a EUR13.5bn loan put in place in 2007 when it bought Siemens’ VDO unit, Reuters reported.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact