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Fiat completes syndication of credit line, raises amount to 2.1 bln euros
July 18, 2013 / 3:52 PM / in 4 years

Fiat completes syndication of credit line, raises amount to 2.1 bln euros

MILAN, July 18 (Reuters) - Italian carmaker Fiat said on Thursday it had completed the syndication of a three-year revolving credit facility with 19 banks.

The final amount of the facility, first signed on June 21, has been increased to 2.1 billion euros ($2.7 billion) from 2.0 billion euros, it said.

“The deal confirms the strong support Fiat Group continues to enjoy from its relationship banks,” it said in a statement.

$1 = 0.7639 euros Reporting by Jennifer Clark, editing by Danilo Masoni

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