
German supplier Schaeffler said it had refinanced around €3.5 billion ($4.9 billion) worth of debt, including new bond issues of around €2 billion, as borrowing costs approach record lows in Europe.

German supplier Schaeffler said it had refinanced around €3.5 billion ($4.9 billion) worth of debt, including new bond issues of around €2 billion, as borrowing costs approach record lows in Europe.