03:09 PM EDT, 09/11/2024 (MT Newswires) -- CLN Coils Lamiere Nastri, a supplier to Stellantis ( STLA ) , is seeking an adviser to help with over 400 million euros ($440.8 million) of debt offering to refinance a bond due in November, Bloomberg reported Wednesday.

The Italy-based company will choose an adviser in the coming weeks from among those interested as it begins negotiations with lenders, according to the report, citing people with knowledge of the matter.

CLN sold the bond to Assicurazioni Generali.

Representatives for CLN and Generali declined Bloomberg's requests for comment.

The companies did not immediately respond to requests 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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