WABCO Holdings has secured a new $400 million revolving credit facility. The tier-one supplier to the commercial vehicle industry received the five-year multi-currency loan on July 8, 2011.
The global technology company has amended the facility’s conditions to suit its specific needs and ensure medium-term liquidity reserves. The new loan will replace WABCO’s existing facility, which was scheduled to mature in July 2012.
Click here for the release from Market Wire.