CNH INDUSTRIAL N.V. ANNOUNCES RENEWAL OF THE EURO 1.75 BILLION 5 YEAR COMMITTED REVOLVING CREDIT FACILITY
London, June 20, 2016
Today CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) signed the renewal of a Euro 1.75 billion 5 year committed revolving credit facility, intended for general corporate purposes of the Group.
The renewal extends the maturity of the previous facility of Euro 1.75 billion from November 2019 until June 2021.
Favorable market conditions and strong support by key relationship banks allowed CNH Industrial to achieve the extension whilst improving the existing terms.