Stellantis (STLA) will sell US high-grade bonds in as many as three tranches on Tuesday, Bloomberg reported on the same day, citing a person familiar with the matter.
Stellantis Financial Services US is marketing fixed- and floating-rate notes, with the initial price discussions for the five-year portion higher by about 2.15 percentage points than Treasuries, the person reportedly said.
The company didn't immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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