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

  • LiuGong aims to double US$700m export sales in 3 years
    January 6, 2017
    A senior LiuGong figure has revealed that the Chinese construction manufacturing giant is looking to double its US$700million overseas sales for 2012 in the next three years. Speaking at bauma 2013 Zeng Guang’an, the company’s vice chairman and president, explained how the ambitious international sales target was getting closer to being realised.
    Read More
  • LiuGong aims to double US$700m export sales in 3 years
    April 15, 2013
    A senior LiuGong figure has revealed that the Chinese construction manufacturing giant is looking to double its US$700million overseas sales for 2012 in the next three years. Speaking at bauma 2013 Zeng Guang’an, the company’s vice chairman and president, explained how the ambitious international sales target was getting closer to being realised.
    Read More
  • The general assembly of IRF Geneva re-elects Kiran K Kapila as chairman
    June 8, 2016
    The general assembly of the International Road Federation (IRF) Geneva – meeting in Amsterdam in the margins of Intertraffic - has unanimously re-elected Kiran K Kapila to serve a third term as chairman An active member of the IRF Geneva board of directors for many years and chairman since his election during the IRF World Meeting in Lisbon in 2010, Kapila is the chairman and managing director of ICT. This New Delhi-based firm has been ranked among the top hundred consultancy companies in the world, and
    Read More
  • IRD further strengthens business in Indiana
    September 15, 2015
    International Road Dynamics (IRD) has been awarded an additional Quantity Purchase Agreement valued at approximately US$9.9 million from the Indiana Department of Transportation. Under this agreement, IRD will be issued task orders to provide Weigh-in-Motion (WIM) and Virtual Weigh-in-Motion System (VWS) systems including site and sensor installation, maintenance, and repair. The systems and services supplied under this contract will provide high accuracy traffic and weight data for planning, roadway
    Read More

Highlighted Content