Fiat Chrysler is in talks to set up a €6.3 billion credit line guaranteed by the Italian government, as the company shores up its finances and works to complete its merger with Peugeot maker PSA Group
Milan—Fiat Chrysler Automobiles NV is in talks to set up a €6.3 billion credit line guaranteed by the Italian government, as the Italian-American car maker shores up its finances in the midst of the coronavirus pandemic and works to complete its merger with Peugeot maker PSA Group.
The 3-year credit facility can only be used to finance Fiat Chrysler’s operations in Italy, where the company has 55,000 employees and 16 factories. Fiat Chrysler on Saturday said talks on the credit line are being held with Italian...
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Italian PM Conte says Fiat Chrysler entitled to seek state-backed loanItalian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler was entitled to apply for Italy's state-backed loans because the automaker employs thousands of people in the country, even though its legal base is located abroad.
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Fiat Chrysler asked Rome for a three-year state-backed loan for its Italian operations: unionFiat Chrysler (FCA) has asked the Italian government for a state-backed three-year loan, to help the automaker pay suppliers and continue its investment plan in the country, UILM union said on Saturday.
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Fiat Chrysler in talks over 6.3 billion euro state-guaranteed loan: sourceFiat Chrysler is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro ($6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus crisis, a source close to the matter said on Friday.
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Italian PM Conte says Fiat Chrysler entitled to seek state-backed loanItalian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler was entitled to apply for Italy's state-backed loans because the automaker employs thousands of people in the country, even though its legal base is located abroad.
Weiterlesen »
Fiat Chrysler in talks over 6.3 billion euro state-guaranteed loan: sourceFiat Chrysler is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro ($6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus crisis, a source close to the matter said on Friday.
Weiterlesen »
Fiat Chrysler asked Rome for a three-year state-backed loan for its Italian operations: unionFiat Chrysler (FCA) has asked the Italian government for a state-backed three-year loan, to help the automaker pay suppliers and continue its investment plan in the country, UILM union said on Saturday.
Weiterlesen »