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FCA Announces Closing of Ferrari Initial Public Offering

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LONDON, October 26, 2015 /PRNewswire/ -- Fiat Chrysler Automobiles N.V. (NYSE: FCAU/MI: FCA) ("FCA") and its subsidiary Ferrari N.V. (NYSE: RACE) ("Ferrari") announced today the closing of Ferrari's initial public offering of 18,892,150 Ferrari common shares at the initial public offering price of $52 per share. The shares sold at closing included the exercise in full of the underwriters' option to purchase 1,717,150 additional common shares.  All shares were offered and sold by FCA and the total gross proceeds to FCA were $982.4 million. The common shares of Ferrari began trading on the New York Stock Exchange on...

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