No equity for banks in deal on Chrysler debt


WASHINGTON, April 28 (Reuters) - A deal reached for banks to write down Chrysler Corp's debt would not provide the lenders with equity in the company, a source familiar with the agreement said on Tuesday. There is "no equity" in the deal, the source told reporters. (Reporting by Caren Bohan and Glenn Somerville, Editing by Chizu Nomiyama)

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