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

  • Caterpillar further develops operations in Africa and Middle East
    December 21, 2012
    Caterpillar has revealed details of its “significant” investment in new and upgraded parts distribution centres in Africa and the Middle East (AME). The investment, highlighted during Cat’s recent Construction Days event in Antalya, Turkey, is in addition to the US$460 million invested by the company’s AME dealers in 2011 to improve local operations, reports Guy Woodford. “We are going to open in March [2013] a complete new parts distribution centre in Dubai, which is significant,” said Christian Dillier, A
    Read More
  • Parsons heading study team for I-69 bridge
    November 30, 2016
    Parsons will head the team handling the feasibility study for the proposed I-69 bridge project in the US. Parsons was awarded the package jointly by the Indiana Department of Transportation (INDOT) and the Kentucky Transportation Cabinet (KYTC) to lead the environmental review as well as to complete the preliminary design work for the I¬ 69 Ohio River Crossing project. The deal will see Parsons evaluate the feasibility and environmental impact of various routes for a new bridge across the Ohio River. Th
    Read More
  • Metso develops presence in China with acquisition
    September 27, 2013
    Metso has now completed its acquisition of a majority stake in Chinese construction equipment supplier Shaorui Heavy Industries. This is a significant move and will strengthen Metso’s presence in the Chinese construction market. Shaorui Heavy Industries (Shaorui), is one of the leading mid-market crushing and screening equipment producers in China. The move leaves Metso with a 75% holding in Shaorui and an option to purchase the remaining 25% in the future. The size of the deal has not been revealed however
    Read More
  • Transurban picks up American Legion Bridge
    March 3, 2021
    Accelerate Maryland Partners picks up the American Legion Bridge I-270 to I-70 Relief Plan.
    Read More

Highlighted Content