Report: Chrysler To Repay Government Loans By End Of Month
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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; May 19, 2011 at 03:02 PM.
