Cummins obtains $200 million credit facility from GE

New York, Feb. 17 - Cummins Inc. closed on a $200 million credit facility from GE Commercial Finance's Corporate Lending group Wednesday.

The new facility is a receivables securitization program, which replaces an existing credit line.

Under the new facility, there are no current outstanding borrowings, GE Commercial Finance said in a news release.

Cummins Inc., a Columbus, Ind. truck engine company, would not disclose rates.

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