UPDATE 1-Chrysler raises $6.2 billion in new debt-sources

Newswire

* Chrysler borrows $200 mln more than initially targeted * Term loan now $3 bln; bond offering is $3.2 bln- sources * Revolving credit facility cut to $1.3 bln- sources (Adds bylines, analyst comment, background on the refinancing efforts, Chrysler declined to comment) By Soyoung Kim and Michelle Sierra NEW YORK, May 19 (Reuters) - U.S. automaker Chrysler Group LLC borrowed $6.2 billion to refinance high-cost government loans stemming from its 2009 bankruptcy restructuring, people ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Chrysler raises $6.2 billion in new debt-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) ×