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

  • CNH appoint Mario Gasparri as EMEA head of CNH Construction Equipment
    January 15, 2013
    Case New Holland (CNH) has appointed Mario Gasparri as head of the CNH Construction Equipment business in the newly created Europe, Middle East, Africa (EMEA) region. This appointment is additional to his role of brand president of Case Construction and New Holland Construction that was announced last November as part of the new Fiat Industrial organisation. Gasparri had served as general manager of CNH International since September 2010 with responsibility for CNH's agricultural and construction brands in
    Read More
  • The bitumen market is changing globally and products is being transported further
    August 21, 2014
    Political and economic changes around the world are impacting on the way bitumen is supplied and used - Kristina Smith reports on the Argus Europe Bitumen conference in Rome, and highlights some of the new technologies being launched to address these changes Attendees at the Argus Europe Bitumen Conference, held in Rome on 11th and 12th June heard how the global bitumen market is changing. More refineries are expected to close in Europe; the US, with its shale oil, is dominating bitumen supply to some re
    Read More
  • Sri Lanka road proposal
    March 1, 2012
    A new tolled highway linking Colombo with Kandy could be built with financial support from Malaysia.
    Read More
  • Aggregate Industries finishes Leeds project ahead of time
    January 24, 2019
    Aggregate Industries says that it finished work on a major road improvement scheme in Leeds, UK ahead of schedule thanks to meticulous planning. Located immediately off the M1 Junction 44, the A639 from Leeds Road to Pontefract Road connects the motorway slip road and a number of local distribution centres, including one for the Royal Mail. The carriageway required extensive planning and adjustments as well as replacement of ironwork and kerbs. A key requirement was that it needed to be completed quickly
    Read More

Highlighted Content