UPDATE 1-Intesa CEO says Fiat loan terms could be changed

Newswire

(Adds quotes from Intesa CEO, background) MILAN, Nov 18 (Reuters) - Fiat's creditor banks could change the terms of a 3 billion-euro ($3.91 billion) loan they threw Italian industrial group Fiat when it was deep in crisis, the head of Banca Intesa said on Thursday. Under the current terms, the eight banks which provided the loan may have to convert the debt into equity in September 2005 for much more than Fiat shares are worth on the market. There has been widespread speculation that ...

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