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

  • Loxam to demo demolition equipment at INTERMAT in Paris
    January 6, 2017
    Attendees to INTERMAT will see demolition machines in action, thanks to international equipment rental group Loxam. Loxam is based in France and opened its first international branch in Switzerland in 1996. It now operates throughout Europe and, since 2010, has had an operation in Morocco. It rents everything from heavy equipment and access platforms for major construction site operations to hand tools aimed at the small to medium size contractor. The company’s demolition, earthmoving and recycling equip
    Read More
  • Construction equipment investment in Brazil
    February 17, 2012
    The new CNH Industrial Complex in Brazil, which comprises a Case factory and a modern CNH parts logistics and distribution centre, has opened in the city of Sorocaba, São Paulo state. The opening of the complex will generate 3,000 direct jobs (up to 6,000 including indirect jobs) in the region according to a forecast of up to two years, when the factory reaches it full production capacity.
    Read More
  • Cummins posts record second-quarter revenues
    August 7, 2023
    Cummins has recorded second-quarter revenues of $8.6 billion
    Read More
  • A seminar on how effective strategies for road maintenance will boost working life
    February 27, 2012
    One of the major components of public infrastructure is the transportation group. This group mainly includes the road network, airports, railroads, and ports.
    Read More

Highlighted Content