Paccar renews $2 billion bank credit facility
By APFriday, June 25, 2010
Paccar renews bank credit agreements
BELLEVUE, Wash. — Truck maker Paccar Inc. said Friday that it has finished a renewal of its $2 billion credit facility.
The company said the agreement with banks and financial institutions includes a $1 billion facility that expires June 2011 and one that expires in June 2013.
Paccar said it also has a facility that matures June 2012.
Company shares rose 55 cents to close at $43.16.
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