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

  • Eliminating leaks on Prague bridge
    July 17, 2012
    Stirling Lloyd's Eliminator waterproofing system, found on the decks of many of the world best known highway bridges, is being used in a €8.7 million refurbishment project on the famous 650-year-old Charles Bridge in the Czech capital Prague. Work on the tourist attraction includes repairs to the upper bridge section, replacement of the old concrete deck, installation of the new waterproofing system, replacing stones in sills where required, new drainage and repair to the structures pillars. It will repair
    Read More
  • High marks for road marking solutions
    December 3, 2013
    A novel solution based on a leading road marking manufacturer’s proven marking technology is keeping elderly residents safe in a French residential development. Guy Woodford reports on this and other major road marking products and their applications By 2050, it is estimated that 45% of European Union citizens will be over 60. Many authorities have been working to develop and implement safety standards that will ensure enhanced mobility for their local elderly population. As part of their implementation,
    Read More
  • India’s IRTE wins top Prince Michael of Kent Safety Award
    July 4, 2019
    India’s Institute of Road Traffic Education (IRTE) was among the international winners at the annual Prince Michael International Road Safety Awards in London. IRTE picked up the Premier Award for its road injury prevention programme and for being a key partner in the Safer Cars for India project established by Global NCAP, an independent certification body that evaluates the safety of vehicles. Part of IRTE’s strategy has been the setting up of what is believed to be Asia’s first Masters of Science i
    Read More
  • The US National Operations Centre of Excellence launches website
    January 21, 2015
    In the United States, the National Operations Centre of Excellence has officially launched a web site to provide the transportation sector with the latest knowledge and management tools. Practitioners, researchers and policymakers will find on the site the latest resources and have the opportunity to discuss topics related to systems management and operations. The centre launched its website at the Transportation Research Board annual meeting in Washington, D.C. in mid January. Click here to view the site
    Read More

Highlighted Content