Latest Automotive Industry News Discussion of all topics pertaining to future automobiles or all Fuels that move them - Gasoline, Diesel , Bio Diesel , E85 , Battery , Hybrids , Electric , Hydrogen Powered , Solar Panel ..

Report: Chrysler To Repay Government Loans By End Of Month

Thread Tools
 
Search this Thread
 
  #1  
Old 05-19-2011, 01:40 PM
Diesel Bombers's Avatar
Staff Reporter
Thread Starter
Join Date: May 2007
Posts: 16,822
Likes: 0
Received 52 Likes on 48 Posts
Default Report: Chrysler To Repay Government Loans By End Of Month

Chrysler has struck a deal to refinance its debt, which will give the automaker the ability to repay $7.5 billion in government loans as early as next week, according to The Detroit News. The automaker will offer $3.5 billion in bonds, details to be announced, and will fund the remainder via a $1.3 billion cash infusion from Fiat and a new $2.5...
More...
 

Last edited by Jazz; 05-19-2011 at 03:02 PM.




All times are GMT -5. The time now is 02:05 PM.