Fiat Industrial renews 3-year committed revolving credit facility

Fiat Industrial has signed the renewal of a US$2.69 billion (€2bn) three-year committed revolving credit facility with 21 banks. The deal is said by Fiat Industrial to demonstrate the strong support the Group enjoys from its key relationship banks. The facility is intended for general corporate purposes and working capital needs and replaces the US$2.69 billion three-year revolving credit facility originally signed in December 2010.
February 8, 2013 Read time: 1 min
6892 Fiat Industrial has signed the renewal of a US$2.69 billion (€2bn) three-year committed revolving credit facility with 21 banks.

The deal is said by Fiat Industrial to demonstrate the strong support the Group enjoys from its key relationship banks. The facility is intended for general corporate purposes and working capital needs and replaces the US$2.69 billion three-year revolving credit facility originally signed in December 2010.

For more information on companies in this article

Related Content

  • Double delight for Powerscreen and DUO in Ghana
    January 6, 2017
    Powerscreen has signed DUO Africa as its first distributor in Ghana. And, as the ink dried on the contract at bauma, the company unveiled a deal to supply three crushing and screening trains. DUO Africa will sell equipment into Ghana and support Powerscreen products in the sub-Saharan region. Among its first contracts is to supply two Powerscreen XA400 primary jaw crushers, two 1000 Maxtrak cone crushers and two Chieftain 2100 triple-deck screens to UK-based Hawk Plant for a number of aggregate crushing ope
    Read More
  • Double delight for Powerscreen and DUO in Ghana
    April 16, 2013
    Powerscreen has signed DUO Africa as its first distributor in Ghana. And, as the ink dried on the contract at bauma, the company unveiled a deal to supply three crushing and screening trains. DUO Africa will sell equipment into Ghana and support Powerscreen products in the sub-Saharan region. Among its first contracts is to supply two Powerscreen XA400 primary jaw crushers, two 1000 Maxtrak cone crushers and two Chieftain 2100 triple-deck screens to UK-based Hawk Plant for a number of aggregate crushing ope
    Read More
  • Volvo EC210D chosen for volcano protection work in the Philippines
    February 15, 2019
    Four EC210D units from Volvo Construction Equipment are delivering much needed protection to Filipino villagers living near the Mayon volcano. The heavy-duty machines are building spillways to direct lava, debris and rain away from populated areas, while simultaneously preserving valuable aggregate resources. The Mayon volcano near the city of Legazpi is one of the most active volcanoes in the Philippines. While volcano soil is extremely fertile for farming, lava flows are always a hazard. In addition,
    Read More
  • Highways Agency rebrands as part of its first five-year plan
    December 10, 2014
    The UK’s Highways Agency will rebrand as part of the organisation’s first five-year Strategic Business Plan to maintain England’s motorways and major A roads up to 2020. The plan for England’s strategic road network was developed response to the Road Investment Strategy published in early December. The UK government is getting set to make deliver the largest investment in roads since the 1970s and wants to make sure it gets value for money as well as nearly US$1.9 billion (£1.2 billion) of efficiency savin
    Read More

Highlighted Content