There have been reports that Porsche Automobil Holding SE is pushing to get an 8.5 billion euro ($12.62 billion) loan by Nov. 10. This is actually a reduction of a previous figure of 10.5 billion euros using proceeds from the planned sale of 49.9 percent of Porsche SE’s sports car making unit Porsche AG to Volkswagen AG, according to two bankers close to the deal.
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