Fiat grows revolver to Eu2bn in increased demerger loan

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Fiat grows revolver to Eu2bn in increased demerger loan

Fiat has increased the size of the revolving credit facility backing the demerger of its industrial vehicles subsidiary to Eu2bn, after the deal was heavily oversubscribed during syndication. The revolver, which was launched at Eu1.6bn, was signed by 23 banks at the end of December.

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