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

  • Colombia motorway contracts to be awarded from June 2013
    June 19, 2012
    Colombia's Transport minister Miguel Peñaloza said the government intends to award key national motorway maintenance contracts from June 2013, starting with the contract for the section between La Pintada and La Manuela, part of Autopistas de la Prosperidad. The second contract would be awarded in December of the same year, said Peñaloza, with all contracts due to last be six years. ISA will not be taking part in any of the projects.
    Read More
  • AEM highlights value of equipment industry
    March 10, 2017
    The off-highway equipment industry – which includes construction, mining, agriculture and forestry – generated $267 billion in direct sales in the US in 2016, and a further $95 billion in indirect sales from the supply chain, plus $55 billion in employee spending.
    Read More
  • IRF World Meeting: Strong business opportunities in a growing region
    September 26, 2013
    The 17th IRF World Meeting & Exhibition offers a chance for the industry to see what is going on in the field of infrastructure, not only in Riyadh but also in the whole of Saudi Arabia and the wider Gulf region. According to IRF chairman and mayor of Riyadh Eng Abdullah A Al-Mogbel, “Ongoing infrastructure programs concern not only roads and railways, but a whole swath of civil engineering projects — I am convinced many more companies that are not currently operating in the Kingdom should take this opportu
    Read More
  • Crushing and screening for producing and re-using
    July 23, 2012
    The recycling and minerals extraction markets now share technologies, Mike Woof reports Not surprisingly, the Steinexpo quarrying event in Germany was a key launch venue for new crushing and screening technologies, as well as associated quarrying technology. Crushing and screening equipment firms from a wide range of European countries including Austria, the Czech Republic, Germany, Ireland, Italy, Sweden, Switzerland and the UK were present at the exhibition. However it was noticeable how closely the miner
    Read More

Highlighted Content