UPDATE 1-Chrysler to repay U.S., Canada loans in Q2

Newswire

DETROIT, April 28 (Reuters) - Chrysler Group LLC, the U.S. automaker that came to the brink of collapse before a federal bailout in 2009, will repay the U.S. and Canadian governments during the second quarter, the company said on Thursday. The announcement comes almost about two years after Chrysler emerged from a U.S.-funded bankruptcy under the management of Italy's Fiat SpA . The company will use the proceeds from term loans and a debt offering to repay the governments, Chrysler said ...

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