IFLR1000

Fiat India Automobiles $250 million financing

30/11/2015
Financing
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$ 250 million

Completed

30/11/2015

Overview:

  • Fiat India Automobiles has secured $250 million in new financing.
  • Citibank, State Bank of India, Axis Bank, UniCredit and Export-Import Bank of India acted as lenders.
  • The financing will be used to fund the production and supply of Jeep vehicles and 2L engines in India.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Financing

Practice area:

Banking

Governing law:

India

Industry sector:

Automotive

Firms:
Allen & Overy

Party: Citibank (Lender)

AZB & Partners

Party: Citibank (Lender)

Party: State Bank of India (Lender)

Party: Axis Bank (Lender)

Party: Unicredit Bank (Lender)

Party: Export-Import Bank of India (Lender)

IndusLaw

Party: Fiat India Automobiles (Borrower)

Sullivan & Cromwell

Party: Fiat India Automobiles (Borrower)

Lawyer: Presley Warner

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