The bond maturing in 2022 launched this morning by Fiat has an amount of 850 million euro and a yield of 4,75%. The pool of banks in charge of following the operation has collected orders for over 1,6 billion. Banking sources report it. Pricing is expected shortly. Settlement date set for July 15th.
Meanwhile, on the stock market, in the early afternoon, Fiat's share on the Stock Exchange collapsed by more than two half percentage points, with shares trading at 7,315 euros each, on a particularly difficult day for the Ftse Mib, which in the same minutes left the field 2,8%.
