Attached files
file | filename |
---|---|
EX-10.1 - FACILITY AGREEMENT - WABCO Holdings Inc. | dex101.htm |
8-K - FORM 8-K - WABCO Holdings Inc. | d8k.htm |
WABCO Signs New $400 Million Five-Year Revolving Credit Facility
BRUSSELS, Belgium, July 11, 2011 WABCO Holdings Inc. (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, today announced that the company signed on July 8, 2011 a new five-year multi-currency revolving credit facility of $400 million. Based on the attractive financing that loan markets are currently offering, the company has taken the opportunity to tailor the facilitys conditions for WABCOs specific needs and ensure medium-term liquidity reserves. This new facility will replace WABCOs existing facility which was due to expire in July 2012.
About WABCO
WABCO (NYSE: WBC) is a leading supplier of safety and control systems for commercial vehicles. For over 140 years, WABCO has pioneered breakthrough electronic, mechanical and mechatronic technologies for braking, stability and transmission automation systems supplied to the worlds leading commercial truck, trailer and bus manufacturers. With sales of $2.2 billion in 2010, WABCO is headquartered in Brussels, Belgium. For more information, visit www.wabco-auto.com
Forward-Looking Statements
This document contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 that are based on managements good faith expectations and beliefs concerning future developments. Statements preceded by, followed by or that otherwise include the words believes, expects, anticipates, strategies, prospects, intends, projects, estimates, plans, may increase, may fluctuate, and similar expressions or future or conditional verbs such as will, should, would, may and could are generally forward looking in nature and not historical facts. Actual results may differ materially from these expectations as a result of many factors. These factors include, but are not limited to, the actual level of commercial vehicle production in our end markets, adverse developments in the business of our key customers, pricing changes to our supplies or products, and the other risks and uncertainties described in the Risk Factors section and the Information Concerning Forward Looking Statements section of WABCOs Form 10-K, as well as in the Managements Discussion and Analysis of Financial Condition and Results of Operations - Information Concerning Forward Looking Statements section of WABCOs Form 10-Q Quarterly Reports. WABCO does not undertake any obligation to update such forward-looking statements. All market and industry data are based on company estimates.
Media, investors and analysts contact
Jason Campbell, +1 732 369 7477, jason.campbell@wabco-auto.com