Deal review: Fiat

Proof that favoured credits – even relatively distressed ones – can find a place in portfolios came late in July with Fiat’s three-year €1.25 billion transaction. The Italian carmaker has suffered more than other names in a sector that has come under severe pressure due to the global recession, and was downgraded by Moody’s from the lowest echelon of investment grade in February to become a sub-investment grade issuer. Fitch and Standard & Poor’s also downgraded the company’s debt to sub

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here