Volvo Car Group signs financial agreement with BNP Paribas
ID: 952585
Volvo Car Group signs financial agreement with BNP Paribas
Volvo Car Group (Volvo Cars) has extended its core relationship bank group with BNP Paribas, who join the credit facility provided by a European bank group at a ticket of EUR 60 million.
The unsecured revolving credit facility now totals EUR 360 million with maturity in 2016. In addition to BNP Paribas, the bank group consists of Nordea, ING Belgium, DNB, Swedbank and Santander Bank.
"We are very pleased to add BNP Paribas as a financing partner and believe their contribution will serve to strengthen our core relationship bank group. With six highly reputable banks currently in this facility, as well as the lending commitments from China Development Bank and Swedish Export Credit Corporation, we have achieved significant progress in our funding plans,? says Patrik Tolf, Deputy CFO Group Treasurer at Volvo Cars.
Media Contact
Per-Åke Fröberg
Corporate Spokesman
Volvo Car Group
Phone: +46 31 596525
Mobile: +46 31 596525
per-ake.froberg@volvocars.com
PresseKontakt / Agentur:
Per-Åke Fröberg
Corporate Spokesman
Volvo Car Group
Phone: +46 31 596525
Mobile: +46 31 596525
per-ake.froberg(at)volvocars.com
Datum: 27.09.2013 - 10:01 Uhr
Sprache: Deutsch
News-ID 952585
Anzahl Zeichen: 1284
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