Banks to study options for conv loan with Fiat-Arpe

Newswire

MILAN, Feb 24 (Reuters) - Banks will wait to study with automaker Fiat any proposals for a convertible loan due to expire in September, the CEO of Italy's Capitalia said on Thursday. "Capitalia, along with all the other banks, will wait to study with Fiat any proposals on the convertible loan," Matteo Arpe said on the sidelines of a presentation. "The banks are very supportive and cohesive in their support for Fiat, as in other situations."

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