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

  • Strabag picks up Czech D1 motorway deal
    December 21, 2018
    Strabag is to modernise nearly 15km of the D1 motorway in the Czech Republic under a contract worth nearly €73 million. Work includes complete renewal of the cement concrete surface between Velký Beranov and Měřín to be done within three years. Working on the project are the consortium leader Strabagm based in Austria, and its two partner companies Metrostav and EUROVIA’s Czech subsidiary. The project will begin with a temporary widening of the motorway in the direction of Prague to allow full reno
    Read More
  • CDB to lend Sri Lanka US$580mn to finance roads and other infrastructure
    May 23, 2013
    China Development Bank Corporation (CDB) says it will provide a loan facility worth US$ 580 million to help Sri Lanka carry out key infrastructure projects. Of the amount, $300 million will be used for developing roads, $200 million for water supply projects and the rest will be for the national business school. The new facility will increase the total lending of CDB to Sri Lanka to more than $1.4 billion
    Read More
  • Italian highway deals moving ahead
    January 21, 2022
    Important Italian highway deals are moving ahead.
    Read More
  • Rental market can grow buy must address challenges
    April 26, 2018
    Social and political factors favour the growth of the European construction equipment rental market, but the industry faces a number of challenges, said Gérard Déprez, president of leading rental company Loxam speaking at the Intermat Rental Day conference. Growing awareness that the shared economy brings cost and environmental advantages through more intensive and judicious use of equipment, together with a drive towards more mechanisation is increasing the demand for rental.
    Read More

Highlighted Content