Fiat Chrysler Automobiles (FCA) on
Tuesday changed its accords on credit lines in the US falling
due in 2017 and 2018. Contractual limits on the concession of
guarantees and the payment of dividends by FCA US to the rest of
the FCA Group have been lifted. This is the final step to enable
the free flow of capital among the group companies, making
available the second 2.5 billion euro tranche of FCA's 5-billion
syndicated revolving credit line. FCA US has also made a
voluntary anticipated reimbursement of $2 billion.
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