FCA Bank benefits from taking short option

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FCA Bank benefits from taking short option

Nigel Owen
October 05, 2017 06:30 PM
Fiat (right size for GC)

Italian auto finance bank FCA Bank on Wednesday opted to go for a short maturity for the lowest cost of funding for its latest bond issue. A €800m three year deal achieved just that, pricing with barely any new issue premium.

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ItalyNews contentEuropeCrédit AgricoleEuroUniCreditEMEACorporate Bonds
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Nigel Owen
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