Fiat Industrial has appointed eight banks to explore a possible bond sale, The Wall Street Journal reports. The banks are UniCredit, Banca Imi, Barclays, BNP Paribas, Credit Agricole, Citigroup, Royal Bank Of Scotland and Societe Generale.

The banks will set up meetings with investors around Europe starting on March 11 to explore “capital market opportunities.” Fiat Industrial is seeking to refinance a $3 billion bridge loan, adds Reuters.

Click here for the story from The Wall Street Journal.

Click here for the additional coverage from Reuters.