UPDATE 1-Ifil 10-yr bond has 3.5 bln euros of orders-sources

Newswire

(releads with sources on orders, yield) MILAN/LONDON, May 23 (Reuters) - IFIL , the holding company that controls Italian automaker Fiat , has orders worth 3.5 billion euros for its planned benchmark 10-year euro bond, sources close to the operation said on Wednesday. It has also trimmed the yield to 80 basis points over mid-swap, these sources said, from an earlier indication of mid-80s basis points above given by one of the banks managing the sale. Citigroup, Goldman Sachs, IMI and ...

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