DETROIT, May 19 (Reuters) - Chrysler Group LLC detailed terms of a bond offering and term loan on Thursday that will be used to repay high-cost government loans and put the U.S. automaker on firmer financial ground. In all, Chrysler raised $7.5 billion: $3.2 billion in bonds, $3 billion in a term loan and a $1.3 billion revolving credit facility, the company said in a statement on Thursday. The bonds and the term loan, which total $6.2 billion, coupled with $1.3 billion in cash from ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Chrysler prices debt; to repay loans on May 24" 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!
Current subscribers, please login or CLICK for support information.