Auto manufacturer Stellantis has reported a US$2.7 billion loss in the first half of 2025, results that chief financial officer Doug Ostermann described in an earnings call as “far below our potential”.
The firm issued €1.5 billion (US$1.9 billion) in debt between May and June 2025.
On 6 June, €800 million was issued in European Medium-Term Notes (EMTN), due 6 June 2035 with a 4.625% fixed rate. A further €700 million was issued in EMTNs due 6 June 2031, with a 2.875% fixed rate.
On H1 issuance, Ostermann commented, “In the first half [we] issued debt both in the US market and in the European market to replace those maturities that are going to expire this year. In fact, [we] issued a bit more than what will expire this year because the markets were pretty constructive. I feel from a liquidity standpoint, we’re still in very good shape.
“We have a very strong balance sheet, and we’ve worked hard to…
