Ifil sets guidance on benchmark euro bond -lead

Newswire

LONDON, May 23 (Reuters) - IFIL , the holding company that controls Italian automaker Fiat , has set guidance on a benchmark 10-year euro bond it plans to sell, one of the banks managing the sale said on Wednesday. The bond is set to be priced to yield mid-80s basis points above mid-swaps, the bank said. Citigroup, Goldman Sachs, IMI and RBS are managing the sale. IFIL is rated BBB+ by Standard & Poor's rating agency.

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