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CNH – US Ex-Im FIBC Insurance
02 March 2011
New use for an existing programme
MLA: Citi
Lenders: Citi, Fifth Third, KBC Bank, Wells Fargo
Borrower: CNH Global (Netherlands)
Amount: $300 million
Tenor: 364 days (360-day repayment)
ECA: US Ex-Im |
In comparison to the Supplier Finance Programme that CNH America undertook through Citi and the Export-Import Bank of the United States (US Ex-Im), this Deal of the Year addresses CNH Global’s overall working capital needs.
In December 2010 Citi closed a $300 million revolving credit facility benefitting from the...
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