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

  • Hitachi appoints dealer in Latvia
    November 30, 2012
    Hitachi Construction Machinery (Europe) NV (HCME) has appointed Repa SIA as its new dealer for customers in Latvia. Repa, who replace Laadur OU, was established in 1991 as a dealer for used construction equipment. The head office is located in Riga and includes a 280m² office and 600m² workshops. The company employs seven sales personnel, ten technicians and six administrative staff. A subsidiary of the MONO Group, one of the largest enterprises in Latvia, and owner of companies specialising in highway engi
    Read More
  • Transport corridors to help deliver shared prosperity
    September 28, 2018
    Leading actors set the stage at the European Road Conference, October 22nd -24th in Dubrovnik, Croatia South East Europe is at an important crossroads in the development of its transport connectivity programs, securing a critical role as a gateway for international trade routes. At a time of growing motorisation, the region’s network of roads and highways is currently its largest public asset. However, significant challenges remain to enhance the safety, efficiency, environmental sustainability and re
    Read More
  • Hillhead excites with a bang
    July 14, 2022
    Hillhead 2022 celebrated the return from a four-year hiatus by recording the busiest opening day in its 40-year history.
    Read More
  • LiuGong unveils its 'top ten' target
    February 6, 2012
    LiuGong Machinery Corporation has unveiled and discussed a bold five-year strategy, which directs the company towards breaking into the top ten construction equipment brands globally. The Chinese company, which set a company record in wheel loader sales in 2009, achieved another major milestone, saying it has built and sold its 200,000th wheel loader. To celebrate the milestones it hosted a conference and celebration ceremony in Beijing for customers, industry partners and the industry trade, where the stra
    Read More

Highlighted Content