Fiat approves bond issuances for total amount of up to 4 billion euros

Turin, 16-6-2014 — /EuropaWire/ — The Board of Directors of Fiat met today and approved the issuance of one or more bonds, for a total amount of up to 4 billion euros – or equivalent amount in other currencies – to be placed with institutional investors.

Bonds may be issued in one or more tranches, also through controlled companies and guaranteed by Fiat S.p.A., on or before December 31, 2015, subject to market conditions.

Such issuances are designed to manage the consolidated debt of the Group especially in view of some of the older bond issuances coming due between now and the end of 2015.