More NewsVolvo Treasury Signs €1.2bn Multi-currency Revolving Credit Facility

Volvo Treasury Signs €1.2bn Multi-currency Revolving Credit Facility

Volvo Treasury has signed a €1.2bn multi-currency revolving credit facility. The facility replaces the company’s existing US$1.4bn revolving credit facility signed in May 2006. The new facility has a tenor of five years and serves for general corporate purposes.

Citi, DNB Market, Handelsbanken Capital Markets and HSBC Bank, acted as co-ordinators for the arrangement and syndication of the facility. The credit facility was well received in the market and closed significantly oversubscribed. With 21 participating banks, both existing as well as new relationship banks, the credit facility is well diversified.

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

2m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

3m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

3m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

3m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

4m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

4m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

4m Mateo Graziosi