Fiat hits the road with syndication of Eu1.6bn revolver
Fiat has launched the general syndication of a Eu1.6bn revolving credit facility, part of a Eu4bn loan backing the demerger of Fiat Industrial, the Italian firm’s truck and heavy goods business.
A bank meeting for the syndication of the revolver will be held later this week.
“This facility is backing the demerger and so is a new money deal,” said a banker close to the facility. “As such, it is relationship establishing and cementing.”
The Eu4bn loan also includes a
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.