Fiat to fund demerger with jumbo loan facility

July 21, 2010 12:00 am

Italian carmaker Fiat will take up to Eu4bn of loans to back the demerger of its truck and heavy goods vehicles business — welcome relief to a market crying out for new paper deals. Barclays Capital, BNP Paribas, Citi, Crédit Agricole, IntesaSanpaolo, Société Générale, Royal Bank of Scotland and UniCredit have supported the revolver and term loan. To find out more, read EuroWeek this Friday.

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