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Fiat plans to issue $1 billion bond to repay credit line

Fiat plans to issue $1 billion bond to repay credit line

May 13, 2020

Fiat Chrysler Automobiles plans to repay part of a multi-billion euro credit facility via a new bond sale of up to 1 billion euros ($1.1 billion), in a move that will signal the debt market's level of confidence in the Italian-American carmaker.

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