Brief: Axis Auto Finance announces closing of $40 million credit facility

Axis Auto Finance

27/03/2017 17:05

March 27 (Reuters) - Axis Auto Finance Inc  AXIS.V  : 
    * Axis Auto announces a new $40 million credit facility 
    * Credit facility has a 2 year term and bears interest at 
prime rate plus 7.5% 
    * Says credit facility will be used to refinance company's 
existing debt 
 
Source text for Eikon:  ID:nCCN5QqTH4  
Further company coverage:  AXIS.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))