UPDATE 1-Fiat to issue benchmark euro bond

Newswire

(Adds details) LONDON/MILAN, Feb 27 (Reuters) - Italian industrial group Fiat said on Tuesday it planned to issue a benchmark euro bond to cover general corporate expenses, including the refinancing of debt. In a brief statement, Fiat did not provide any details of the issue, saying it would decide on them based on market conditions. An official at one of the banks managing the sale said the bond was expected to have a 10-year maturity and would be priced after an investor meeting on ...

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