SAF-Holland ramps up revolver

By Mike Turner
11 Oct 2018

Luxembourg’s SAF-Holland has increased the size of its revolving credit facility, with the commercial vehicle supplier locking in cheaper funding.

The borrower has signed a €200m seven year revolver with the option to extend it by an additional €100m. 

The deal replaces SAF Holland’s €150m revolving credit facility. SAF-Holland said that the new financing was available “at slightly better interest rates”.

The borrower did not name the banks involved in ...

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