Kia Motors gets $305 million revolver

By Sara Rosenberg

New York, April 2 - Kia Motors America closed on a new $305 million revolving credit facility, according to a news release.

Wells Fargo is the leading lender under the deal, with Bank of America and JPMorgan as co-lead arrangers, and Bank of America as syndication agent.

Kia Motors America is the sales, marketing and distribution arm of automotive company Kia Motors Corp., which is based in Seoul, South Korea.

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