COVID-19 pandemic: HELLA concludes new syndicated credit facility of over EUR500 million

Corporate developments

New syndicated credit facility increases financial flexibility and security in highly uncertain environment caused by the COVID-19 pandemic

German automotive supplier HELLA has concluded a new syndicated credit facility of over EUR500 million (USD548 million) with a term until June 2022 and an option to extend the term by one year, the company said in a press release on 20 May.

Thank you for visiting IHS Automotive AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload