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Fiat Chrysler launches $2.5 billion mandatory convertible bond, share offer
2014-12-05 03:25:52| Automakers - Topix.net
The newly created FCA, which moved its primary share listing to New York in October, wants to invest 48 billion euros by 2018 to turn Jeep, Maserati and Alfa Romeo into global brands. The company hopes to take on Volkswagen , the holding company of the Agnelli family that founded Fiat, said it would participate in the bond issue by purchasing an amount that would protect its stake of around 31 percent from dilution.
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Category:Automotive