Ferrari debuts in the US private placement market

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Ferrari debuts in the US private placement market

Ferrari 230x150
California, USA --- Interior detail view of a 2011 Ferrari California showing the tachometer needle at almost 6000 rpm --- Image by © Transtock/Corbis | © Transtock/Corbis

Luxury sports car company Ferrari has sold €300m of US private placement notes, according to an SEC filing on Friday. Its debut offering is one of only a handful of transactions from the auto sector to reach the market.

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