Chrysler loan sale likely postponed - sources

Newswire

By Megan Davies and Faris Khan DETROIT/NEW YORK, Nov 19 (Reuters) - A $4 billion sale of loans being raised by automaker Chrysler LLC following its takeover by buyout firm Cerberus was likely to be postponed from a planned sale this week, a number of sources said on Monday. Weak credit markets and worsening news from the U.S. autos sector were behind the latest postponement, one source said. Underwriters have been trying to sell $4 billion of Chrysler's debt to investors in the past ...

Premium Content (PAID Subscription Required)

"Chrysler loan sale likely postponed - sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×