The facility has a maturity of five years, will be used for general corporate purposes, and was arranged by the company itself. It refinances a $6.5 billion loan maturing in 2012 with 28 banks.
The company said refinancing allows it take advantage of favorable conditions in the global bank loan market and reduced financial costs.
The banks are: Bank of America, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citibank, Danske Bank, Handelsbanken, HSBC, JP Morgan, Nordea and Royal Bank of Scotland, Barclays, Commerzbank, Credit Agricole, Deutsche Bank, DnB NOR, ING Bank, Santander, SEB, Societe Generale and Standard Chartered.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now