Why large companies want to pay off their EMP as quickly as possible

Posted on Oct 7, 2021 at 7:24 amUpdated Oct 7, 2021, 8:33 AM

The billions of the “airlift of cash” released last year by Bercy on a flotilla of large French groups thrown off by the pandemic embarrass their happy beneficiaries today – from Renault to Air France via the shipowner CMA-CGM, Castorama, FNAC Darty, AccorInvest or Lagardère SCA, to name only the largest loans guaranteed by the State (PGE).

“Having an EMP is embarrassing. It’s a stain, especially when you are a large company, testifies the CFO of a multinational. You give the image of a struggling business, or the impression that you are taking advantage of taxpayer money. “

–