PARIS (Reuters) - Renault
Renault said that the credit facility carried a guarantee from the French state - which owns a 15% stake in Renault - of up to 90% of the total amount borrowed.
Banks BNP Paribas
Renault also said in a statement that the loan would help finance the company's liquidity requirements.
The carmaker announced last week plans to cut about 15,000 jobs worldwide, including 4,600 in France, where the company will seek voluntary departures and use retirement schemes.
The announcement sparked weekend protests at some factories, including at Maubeuge in northern France, although Renault's chairman Jean-Dominique Senard has pledged the site will not be closed.
($1 = 0.8925 euros)
(Reporting by Sudip Kar-Gupta and Matthieu Protard; Editing by Keith Weir and Louise Heavens)