COMPAGNIE INDUSTRIALI RIUNITE S.P.A. 
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As well as refinancing maturing debt, these deals also ensure funding for the international development of the group
Milan, January 15 2013 - Sogefi, the automotive components company of the CIR group, has signed two medium-long term loan agreements with prime international banks for a total of 215 million euro.
The first loan is a five-year credit facility for 200 million euro (of which 80 million revolving and 120 million amortized) signed with Banca IMI, BNP Paribas, ING Bank and Mediobanca. The second is a four-year loan agreement for 15 million euro signed with Banco do Brasil.
As well as refinancing debt maturing in 2013, these deals ensure funding for the international development of the Sogefi group in the medium term, particularly in higher-growth emerging markets.
Milan, January 15 2013 - Sogefi, the automotive components company of the CIR group, has signed two medium-long term loan agreements with prime international banks for a total of 215 million euro.
The first loan is a five-year credit facility for 200 million euro (of which 80 million revolving and 120 million amortized) signed with Banca IMI, BNP Paribas, ING Bank and Mediobanca. The second is a four-year loan agreement for 15 million euro signed with Banco do Brasil.
As well as refinancing debt maturing in 2013, these deals ensure funding for the international development of the Sogefi group in the medium term, particularly in higher-growth emerging markets.
15 January 2013 | 12:38 CET
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