Daimler signs new $12 bln credit facility

Newswire

FRANKFURT, Sept 26 (Reuters) - German carmaker Daimler said it has signed a 9 billion euro ($12.13 billion) credit facility, taking advantage of favourable market conditions to replace an existing, smaller loan. The facility will run for five years and has two extension options, Daimler said in a statement on Thursday. The carmaker does not intend to use the credit line. Once it has been signed, Daimler will prematurely end an existing syndicated credit line of ...

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