Chrysler 2013 Annual Report Download - page 23

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22 The Group at a Glance Key Events in 2013
Chrysler Group LLC reduces interest rate on USD 3.0 billion Tranche B Term Loan
and undrawn USD 1.3 billion revolving credit facility. The interest rate on the Tranche B
Term Loan is cut further in December with savings in annual interest costs estimated at
approximately USD 72 million.
Fiat S.p.A. signs agreement for a €2 billion 3-year committed revolving credit facility to
replace the €1.95 billion 3-year revolving credit facility signed in July 2011. The facility is
subsequently increased to €2.1 billion.
Fiat unveils the 500L Living: the most spacious vehicle in its category, with best-in-class
baggage capacity and a 5+2 seating configuration in just 4.35 meters.
Fiat awarded “Best Green Engine of the Year 2013” for the eco-performing, fun-to-drive
natural gas TwinAir Turbo. City Brake Control, the automatic collision avoidance system
currently available on the Panda and 500L, receives “Euro NCAP Advanced” award.
The plant in Pomigliano d’Arco, Italy, becomes first Group assembly plant to achieve
prestigious World Class Manufacturing Gold Level.
Fiat CEO presents 5-year, €700 million investment plan for the Sevel plant in Italy. The
plant, which currently produces Ducato light commercial vehicles, is operated as a 50/50
JV between Fiat Group Automobiles and PSA-Peugeot Citroën.
Fiat issues an €850 million bond (6.75%, due October 2019). Following re-opening of the
transaction in September, a further €400 million in notes are issued, increasing the total
principal amount to €1.25 billion.
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