June 21, 2024 – In June 2024, Mercedes-Benz Group AG concluded an €11 billion renewal of its syndicated credit facility with a consortium of international banks.
The syndicated credit facility with a term of five years and two extension possibilities of one year supports the company's strong financial position until at least the year 2029. In an environment of high interest rates Mercedes-Benz could arrange favourable conditions and has actively reduced the consortium of invited banks compared to the existing credit facility for the same amount of €11 billion.