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

  • Peerless performance for Aggregate Industries on Nene Bridge job
    June 4, 2019
    Aggregate Industries is supplying its Lytacrete secondary aggregate solution for the US$6.5 million Nene Bridge structural refurbishment project near Peterborough, England.
    Read More
  • LiuGong’s Zeng Guang’an Spoke on the Development of the Manufacturing Industry at China’s National People’s Congress
    May 14, 2018
    The first session of the 13th National People's Congress (NPC) opened in the Great Hall of the People in Beijing recently. Chinese premier Li Keqiang delivered the annual report on the work of the government at the opening ceremony. Zeng Guang’an, NPC deputy for Guangxi Zhuang Autonomous Region and chairman of Guangxi Liugong Group, attended the conference. Zeng Guang’an listened to the Government Report and participated in the panel discussion of Guangxi Zhuang Autonomous Region. He reported to premier Li
    Read More
  • Russian road deals
    February 24, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of co-operation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD).
    Read More
  • Fiat Industrial plan CNH ‘new company’ merger
    July 13, 2012
    Fiat Industrial (FI) plans to create a new holding company by merging with CNH, the construction and agricultural equipment manufacturer it already has a controlling 88% stake in. Under the FI plans the combined new holding company would be incorporated in the Netherlands, with a primary stock market listing in New York and a secondary listing in Europe.
    Read More

Highlighted Content