June 29, 2009 (FinancialWire) — Paccar (NASDAQ: PCAR) said it has renewed its $2 billion syndicated one-year credit facility through June 2010. The company said that an additional existing $1 billion credit facility matures in June 2012.

These bank credit facilities provide back-up liquidity for Paccar’s commercial paper and medium-term notes, according to the company. ”

Bellevue, Washington-based Paccar is engaged in the design, manufacture and customer support of light, medium and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates.

The company also provides financial services and information technology and aftermarket support for its customers worldwide.

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