Fiat Finance and Trade in €600 Million Offering
July 16, 2012
Cleary Gottlieb acted as Italian, U.S. and International counsel to issuer Fiat Finance and Trade société anonyme and guarantor Fiat S.p.A. in Fiat Finance and Trade’s offering of €600 million in guaranteed 7.75% Senior Notes due October 2016. The notes were issued under Fiat S.p.A.’s €15 billion Reg S/Rule 144A Global Medium Term Note (GMTN) Programme and have been admitted to listing on the Irish Stock Exchange. The notes were priced on July 11 and the offer closed on July 16.