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Caterpillar seeks $3 billion loan from banks to boost liquidity: Bloomberg

Published 2020-04-09, 03:32 p/m
© Reuters. Caterpillar equipment at a retail site in San Diego California
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(Reuters) - Caterpillar Inc (N:CAT) is in talks with banks to raise a new $3 billion nine-month revolving credit facility, Bloomberg reported on Thursday, citing people familiar with the matter.

The world's biggest construction and mining equipment maker raised $2 billion through the bond market on Monday. It currently has about $10.5 billion in revolving credit facilities.

© Reuters. Caterpillar equipment at a retail site in San Diego California

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