02:23 PM EDT, 07/17/2024 (MT Newswires) -- Stellantis ( STLA ) said Wednesday it has extended its 12 billion euros ($13.12 billion) syndicated revolving credit facility.

The credit facility, originally signed in July 2021, involves 29 banks from Europe, America, and Asia. It is divided into two tranches: 6 billion euros with a three-year term and 6 billion euros with a five-year term, both with options for two further one-year extensions.

The facility was also amended with improved terms, Stellantis ( STLA ) said.

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