Iveco Group successfully raises 290 million euros through a Schuldschein loan
04 Luglio 2024 - 6:00PM
Iveco Group successfully raises 290
million euros through a Schuldschein loan
Turin, 4th July 2024. Iveco Group N.V. (EXM:
IVG), a global automotive leader active in the Commercial &
Specialty Vehicles, Powertrain and related Financial Services
arenas, has successfully raised a Schuldschein loan (a private
placement governed by German law) for 290 million euros.
The loan comprises two tranches with maturities
at three and five years, both at variable interest rates. The
proceeds are going to be used for general corporate purposes,
replacing existing bank facilities. Following high demand, the
initial target volume was significantly exceeded, with the interest
rates being fixed at the low end of the price range.
Iveco Group N.V. (EXM: IVG) is
the home of unique people and brands that power 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 vehicles brand that designs, manufactures, and markets
heavy, medium, and light-duty trucks; FPT Industrial, a global
leader in a vast array of advanced powertrain technologies in the
agriculture, construction, marine, power generation, and commercial
vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium
bus and coach brands; IDV, for highly specialised defence and civil
protection equipment; ASTRA, a leader in large-scale heavy-duty
quarry and construction vehicles; MAGIRUS, the industry-reputed
firefighting vehicle and equipment manufacturer; and IVECO CAPITAL,
the financing arm which supports them all. Iveco Group employs more
than 36,000 people around the world and has 20 industrial sites and
31 R&D centres. Further information is available on the
Company’s website www.ivecogroup.com
Media Contacts:Francesco Polsinelli, Tel: +39
335 1776091Fabio Lepore, Tel: +39 335 7469007E-mail:
mediarelations@ivecogroup.com
Investor Relations:Federico Donati, Tel: +39
011 0073539 E-mail: investor.relations@ivecogroup.com
Iveco Group successfully raises 290
million euros through a Schuldschein loan
Turin, 4th July 2024. Iveco Group N.V. (EXM:
IVG), a global automotive leader active in the Commercial &
Specialty Vehicles, Powertrain and related Financial Services
arenas, has successfully raised a Schuldschein loan (a private
placement governed by German law) for 290 million euros.
The loan comprises two tranches with maturities
at three and five years, both at variable interest rates. The
proceeds are going to be used for general corporate purposes,
replacing existing bank facilities. Following high demand, the
initial target volume was significantly exceeded, with the interest
rates being fixed at the low end of the price range.
Iveco Group N.V. (EXM: IVG) is
the home of unique people and brands that power 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 vehicles brand that designs, manufactures, and markets
heavy, medium, and light-duty trucks; FPT Industrial, a global
leader in a vast array of advanced powertrain technologies in the
agriculture, construction, marine, power generation, and commercial
vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium
bus and coach brands; IDV, for highly specialised defence and civil
protection equipment; ASTRA, a leader in large-scale heavy-duty
quarry and construction vehicles; MAGIRUS, the industry-reputed
firefighting vehicle and equipment manufacturer; and IVECO CAPITAL,
the financing arm which supports them all. Iveco Group employs more
than 36,000 people around the world and has 20 industrial sites and
31 R&D centres. Further information is available on the
Company’s website www.ivecogroup.com
Media Contacts:Francesco Polsinelli, Tel: +39
335 1776091Fabio Lepore, Tel: +39 335 7469007E-mail:
mediarelations@ivecogroup.com
Investor Relations:Federico Donati, Tel: +39
011 0073539 E-mail: investor.relations@ivecogroup.com
Grafico Azioni Iveco Group NV (BIT:IVG)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Iveco Group NV (BIT:IVG)
Storico
Da Nov 2023 a Nov 2024
