Chrysler Lines Up $7.5B ReFi
Posted on May 20, 2011 at 19:05 PM EDT
Chrysler Group LLC, partly owned by Italy’s Fiat SpA (FIATY), announced that it would raise $7.5 billion from bank loans and bond sales for paying off its U.S. government ($5.9 billion) and Canada government debts ($1.6 billion). The Detroit-based automaker would issue $3.2 billion worth of bonds to investors in two tranches: $1.5 billion in [...]
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