Funds holding Chrysler debt in talks with Treasury


DETROIT, April 30 (Reuters) - A group of 20 funds, which hold a total of $1 billion in Chrysler LLC debt, said on Thursday that it is in talks with the U.S. Treasury and has made a new offer on reducing the automaker's debt. "We are continuing to discuss our position with the United States Treasury," the group said in a statement. "We have made a proposal which we earnestly believe is fair and would appropriately recognize our legal position." Chrysler will file for Chapter 11 bankruptcy ...

Premium Content (PAID Subscription Required)

"Funds holding Chrysler debt in talks with Treasury" 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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×