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BRIEF-Fiat Chrysler prepays $1.8 billion loan due May 2017

Feb 24 (Reuters) - Fiat Chrysler Automobiles says:

* Its subsidiary FCA US has prepaid its $1.8 billion term loan due May 24, 2017 in full

* The loan was paid with cash on hand as part of the group's continued focus to reduce its focus to reduce gross debt Source text for Eikon: Further company coverage: (Reporting by Milan Newsroom)