Tofas gets financing deal from ABN, others

Newswire

AMSTERDAM, May 22 (Reuters) - Turkish carmaker Tofas on Monday secured a 350 million euros ($447.5 million) financing facility for a new assembly line in its Bursa-based plant for the production of new light commercial vehicles. ABN AMRO , Banca Intesa , Fortis , and SocGen , along with the European Investment Bank and Italian state export agency SACE closed the financing for the deal, the parties said in a joint statement. Tofas is a joint venture between Italy's Fiat and Turkish ...

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