Sanpaolo CEO sees no need to review Fiat's loan

Newswire

RIMINI, Italy, Aug 26 (Reuters) - Alfonso Iozzi, chief executive of bank Sanpaolo IMI, one of Fiat's major creditor banks, said on Tuesday there was no need to review the terms of a loan after the carmaker completed a recent capital hike. Fiat's creditor banks, including Sanpaolo IMI, Intesa , Capitalia and UniCredito , last year extended a three billion-euro loan convertible into Fiat shares if some debt-related targets were not met.

Premium Content (PAID Subscription Required)

"Sanpaolo CEO sees no need to review Fiat's loan" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×