Turin, 28 October, 2022. Today Iveco Group IVG (the “Company”) has a 400 million syndicated term facility with Banco Bilbao Vizcaya Argentaria, Banco Santander, Bank of America, Barclays, BNP Paribas, Commerzbank, Deutsche Bank, Intesa Sanpaolo, Mediobanca – Banca di Credito Finanziario, Mizuho Bank Signed Euro, Rabobank, Société Générale and Unicredit as Bookrunner and Mandated Lead Arranger.
The facility has a two-year term, which is renewable for up to an additional 12 months at the Company’s sole discretion.
The proceeds will be used to refinance the current term facility prior to final maturity, which would fall in January 2024.
This new facility confirms the firm support of the Iveco Group from its main international banks.
Iveco Group NV IVG is home to unique people and brands that drive your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicle brand that designs, manufactures and markets heavy, medium and light-duty trucks; FPT Industrial, a global leader in a wide range of advanced powertrain technologies in the agriculture, construction, marine, power generation and commercial vehicle sectors; IVECO BUS and HEULIEZ, urban and premium bus brands; IDV, for highly specialized defense and civil protection equipment; ASTRA, a leader in large, heavy-duty quarry and construction vehicles; MAGIRUS, the industry-recognized manufacturer of firefighting vehicles and equipment; and IVECO CAPITAL, the financing arm that supports them all. The Iveco Group employs around 34,000 people worldwide and has 28th production sites etc 29 R&D centers. Visit the company’s website for more information www.ivecogroup.com
media contacts:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, phone: +39 335 7469007
E-mail: mediarelations@ivecogroup.com
Investor Relations:
Federico Donati, phone: +39 011 0073539
E-mail:
