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Provider: Finlabo SIM Spa
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Provider: Reuters Investment Profile
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Provider: Reuters Investment Profile
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Fiat SpA Announces Closing of Notes Offering


Friday, 12 Jul 2013 09:54am EDT 

Fiat SpA announced that the offering denominated in EUR announced on July 9, 2013 has been settled on July 12, 2013 and consists of EUR 850 million in principal amount of guaranteed 6.75% notes due October 2019, with an issue price of 100% of the principal amount. The Notes were priced on July 9, 2013. The Notes, which were issued by Fiat Finance and Trade Ltd, societe anonyme, a wholly owned subsidiary of Fiat SpA, under the Global Medium Term Note Programme guaranteed by Fiat SpA, have been rated B1 by Moody’s Investors Service, BB- by Standard & Poor’s and BB- by Fitch. The Notes have been admitted to listing on the Irish Stock Exchange. The issuance is authorized pursuant to the resolution of the Board of Directors of Fiat SpA dated January 30, 2013. 

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