VUL megathread, page-7040

This progression to the final due diligence stage, and the fact that the half billion € lending is being proposed by EIB, the EU’s own investment bank, makes the job of BNP Paribas to secure the remaining finance all the more easier, while Francis & Felicity drum up the project level equity stakes for Cris.

The sheer might of Stellantis will imo see this easily and swiftly pushed through the last step approvals by the EU’s governing bodies, with France and Italy joining with Germany to underscore the project’s critical importance. In addition to unprecedented spending on factory retooling for EV-only production by the major European automakers, there is a huge workforce along with continental pride now at stake. This is politics in action.