Top

Tag: credit


Industry Focus Areas, Motorized Vehicle

Fiat Chrysler draws down on $6.8 billion credit facility

April 22, 2020

Via: Automotive News

Fiat Chrysler Automobiles said Tuesday it had drawn down on a 6.25 billion euro ($6.8 billion) credit line to buffer its cash reserves during the uncertainty around the coronavirus health crisis. The funds from the revolving credit facility, originally signed […]


Industry Focus Areas, Motorized Vehicle

Fiat Chrysler establishes new credit line of about $3.8 billion amid coronavirus pandemic

March 26, 2020

Via: CNBC

Fiat Chrysler has set up a $3.84 billion emergency credit facility as it attempts to manage through the coronavirus pandemic that has forced it to shutter many of its operations globally. The Italian-American automaker said Thursday the funds will be […]