BMW Taps German Debt Market as Coronavirus Batters Auto Industry
- Carmaker sold 200 million-euro Schuldschein within a week
- Company is preparing to idle biggest plant amid demand slump
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Bayerische Motoren Werke AG sold a 200 million-euro ($220 million) deal in the German Schuldschein debt market even as coronavirus upheavals weigh on the global auto industry.