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Fiat SpA Signs Renewal of Three Year Syndicated Revolving Credit Facility

Friday, 21 Jun 2013 09:01am EDT 

Fiat SpA announced that, as part of its ongoing funding activities, it signed a EUR 2 billion three year committed revolving credit facility with 9 banks. The facility is for general corporate purposes and working capital needs and it is intended to replace the EUR 1,95 billion three year revolving credit facility originally signed in July 2011. The deal demonstrates the support Fiat Group enjoys from its key relationship banks.