Automakers

Fiat Chrysler said to win bank's approval for $6.9B loan

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R
By:
Reuters
May 25, 2020 02:14 PM

MILAN -- Italy's biggest retail bank, Intesa Sanpaolo, gave its preliminary approval to a state-backed 6.3 billion euro ($6.9 billion) three-year loan for Fiat Chrysler's Italian unit, a source close to the matter said on Tuesday.

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