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

  • M7 expansion on schedule in Hungary
    May 27, 2025
    Project is part of biggest express road upgrade in country's history
    Read More
  • EBRD money for Lviv transportation companies
    January 9, 2023
    Road construction, traffic management and transportation companies in the Ukrainian city of Lviv will get aid from the European Bank for Reconstruction and Development.
    Read More
  • Vandals attack road fittings on key Nairobi road link
    April 24, 2013
    A wave of vandalism has hit a new superhighway from Nairobi as Shem Oirere reports. The newly opened 45km superhighway in Kenya’s capital Nairobi is facing a new challenge that threatens to erode its international standards and compromise the benefits it is meant to generate. A wave of vandalism targeting road fittings has hit the US$360 million highway linking Nairobi to Thika Town, posing a new challenge in the maintenance of the new road infrastructure in Kenya. The destruction delayed the completion of
    Read More
  • LiuGong is offering a 50tonne class excavator
    January 6, 2017
    LiuGong Machinery is exhibiting two of its key excavators at Conexpo, the 922D and 950E. The 950E model is aimed at the 50tonne excavator class of particular importance as it takes LiuGong’s range into a new segment for large earthmoving duties. The 950E can be configured for mass excavation applications such as truck loading and the standard model features a 3.2m3 bucket although other application-specific buckets are also offered.
    Read More

Highlighted Content