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

  • Strong interest for construction equipment show
    February 21, 2012
    Most of the major manufacturers of extraction and crushing equipment worldwide will be present at the upcoming Hillhead show, either directly or through local distributors. Set in a working quarry, the Hillhead exhibition has set a lead for the quarrying sector. An industry only show, the event is being held this year at the Hillhead Quarry, Buxton in the UK on 22-24 June.
    Read More
  • More money for Czech roads in 2013 than previous year
    April 8, 2013
    Investment in new and existing roads, railways and waterways in the Czech Republic is set to rise in 2013, compared to the sum spent in 2012. The Czech National Transport Infrastructure Fund (SFDI) has a budget of €2.502 billion (CZK64.5 billion) in 2013, compared to almost €2.02 billion (CZK 52bn) invested in 2012. The amount invested last year represented a decline of €349.24 million (CZK 9bn) when compared with 2011. Originally, SFDI planned to invest €2.561 billion (CZK 66 billion) into infrastructure i
    Read More
  • Strong interest for construction equipment show
    May 2, 2012
    Most of the major manufacturers of extraction and crushing equipment worldwide will be present at the upcoming Hillhead show, either directly or through local distributors. Set in a working quarry, the Hillhead exhibition has set a lead for the quarrying sector. An industry only show, the event is being held this year at the Hillhead Quarry, Buxton in the UK on 22-24 June.
    Read More
  • IRF honours outstanding road achievements
    March 7, 2012
    The IRF presented 12 Global Road Achievement Awards (GRAA), the 2008 Student Essay Competition winner, and three Lifetime Distinguished Service Awards at its Annual Awards Banquet at The Mayflower Hotel, Washington DC on 12 January.
    Read More

Highlighted Content