It will be worth 400 million euros the reopening of the bond October 2019 decided this morning by Fiat. This was reported by the Thomson Reuters Ifr service, adding that orders, received from 225 subjects, exceeded 1,25 billion. The yield on the stock had already been defined at the end of the morning at 6,5%, in line with the initial indications.
The October 2019 bond was issued by the subsidiary Fiat Finance last July for 850 million, at a fixed rate of 6,75%. The banks that are managing the operation are Bnp Paribas, Citi, Commerzbank, Goldman Sachs, Natixis, Societe Generale and UniCredit. The transaction will be priced today.
