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

  • Strongest ever year for testing equipment firm Humboldt
    March 11, 2014
    Construction testing equipment manufacturer Humboldt has the strongest forward order book ever, said general manager John Lamond at Conexpo. The firm relocated at the end of last year to a bigger manufacturing facility: a 6,970 sq m factory in Elgin, Illinois. “We needed to expand,” said Lamond. “It’s a bigger and better location for us as a growing business.”
    Read More
  • Extended Traffic Control in 2014 and beyond
    April 3, 2014
    One leading traffic control solution company has announced a major acquisition to broaden its customer offer, while the delivery of an ambitious real-time journey information service for Scotland’s motorists is well on track. Guy Woodford reports Kapsch’s TrafficCom says its high-profile recent US$16 million acquisition of Transdyn will enable it to offer current and future customers worldwide an extended end-to-end product and solution portfolio for intelligent transport systems (ITS). The acquisitio
    Read More
  • Clean road construction technology is coming from Wirtgen
    May 14, 2025

    Dr Volker Knickel, CEO of the Wirtgen Group said that the firm is working to deliver sustainable and efficient road construction technologies. Warm asphalt plays a key role in sustainable road construction and will grow in use in the next few years. Dr Knickel commented that sustainability will be of increasing importance for contractors, while in Germany there are also stricter regulations on reducing the exposure site personnel to VOCs.

    Read More
  • Clean road construction technology is coming from Wirtgen
    June 18, 2025
    Wirtgen is introducing advanced technologies that will boost sustainability
    Read More

Highlighted Content