Darrois Villey Maillot Brochier and Gide Loyrette Nouel have advised Europcar Mobility Group on obtaining €307 million in additional financing to help the rental car group face a sharp downturn in business because of the COVID-19 crisis, according to statements from Europcar and the law firms.
The new funding will enable Europcar to deal with the “significant business impacts from lockdowns and travel restrictions everywhere it operates while also allowing to progressively resume its activities post-crisis,” Caroline Parot, Europcar’s chair, said in a statement.
