Stellantis sells €5bn in bonds to bolster finances after EV charges

Stellantis said on Wednesday it has priced a multi-tranche €5bn (R95.75bn) equivalent hybrid bond offering, tapping capital markets weeks after it announced multibillion-euro charges in a major reset of its electric vehicle strategy.

Stellantis sells €5bn in bonds to bolster finances after EV charges
Stellantis said on Wednesday it has priced a multi-tranche €5bn (R95.75bn) equivalent hybrid bond offering, tapping capital markets weeks after it announced multibillion-euro charges in a major reset of its electric vehicle strategy.