LONDON, July 23 (Reuters) - Italian automaker Fiat launched an 824 million euro bond on Tuesday backed by its customers' car loan repayments, the lead managing banks said. The deal was launched via special purpose vehicle European Auto Securitisation 2002, and is secured on car loan repayments by Spanish and French customers. With investor anxiety about Fiat's future and corporate credit quality in general running high, the deal launched with yields higher than those originally indicated. ...
Premium Content (PAID Subscription Required)
"Fiat launches 824 mln euro auto loan-backed bond" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642