trending Market Intelligence /marketintelligence/en/news-insights/trending/A2AKfgm7zSiEtk8_VY5wzw2 content esgSubNav
In This List

Ferrari secures new €350M credit facility

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


Ferrari secures new €350M credit facility

Italian luxury carmaker Ferrari NV has signed a new credit facility for €350 million of unsecured committed revolving credit loans with a group of 12 banks.

The new credit facility has a five-year tenor with two further one-year extension options. It replaces and cancels Ferrari's €500 million committed revolving credit facility due November 2020.

Ferrari will use the new loan facility for general corporate and working capital purposes.