Italy’s FGA finds demand for €500m despite vague future

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Italy’s FGA finds demand for €500m despite vague future

Issue: 1243 - 24 February 2012

FGA Capital, the car finance company owned by Crédit Agricole and Fiat, joined in the newly permissive European corporate bond market on Tuesday with a €500m two year bond issue that was well oversubscribed despite its low profile as an issuer, question marks over its future ownership and the fact that its business is in Italy. ..

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