Fiat considers issuing convertible bond

Fiat (FIATY) eyes issuing a convertible bond to help boost its liquidity after striking a deal to buy Chrysler.

CEO Sergio Marchionne thinks a convertible bond is the right strategy as a capital hike would prove "destructive" to the company.

Reports in Italian media peg the proposed bond size at €1.5B ($2.04B).

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs