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

  • Cross Fraser Partnership wins BC tunnel work
    September 27, 2024
    The partnership for the tunnel work near Vancouver in Canada consists of Pomerleau BC, Bouygues Construction Canada and Fomento de Construcciones y Contratas Canada (FCC) and is supported by design and engineering consultant Arcadis.
    Read More
  • Data handling for efficient machine control
    October 16, 2012
    The rapid increase in information availability is transforming the construction sector. Conventional methods used for sourcing geographic data based on maps and localised sampling meant that there was often a lack of accurate information relating to ground conditions at specific areas where work was planned, often resulting in unwelcome surprises for construction companies along with additional costs for projects.
    Read More
  • Italy’s proposed €13.5 billion bridge project
    June 17, 2025
    Italy is again proposing the €13.5 billion bridge project to span the Messina Strait.
    Read More
  • Mabey Hire supports the Whorlton Bridge
    June 10, 2025

    Whorlton Bridge in England’s County Durham has had to be closed to traffic while a major programme of works is carried out. Every component is to be removed, refurbished and replaced.

    To facilitate the works, a bespoke catenary system has been installed, with Mabey Hire’s adaptable and modular propping equipment used to construct the temporary structure.

    Read More

Highlighted Content