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Articles tagged as Chrysler
· Chrsyler may have reached deal with lenders to lower $6.9 Billion in secured debt to $2 Billion – Several news stories indicate that Chrysler may have reached a deal with its largest lenders to reduce the $6.9 Billion in debt Chrysler has to $2 billion and possibly avoid filing bankruptcy. -
· Chrysler lenders propose equity swap terms – Chrysler LLC's first-lien lenders have submitted a counter-offer to the U.S. Treasury that would swap some $7 billion in debt for equity in a restructured automaker allied with Fiat SpA. -
· Obama Warranty Plan Leaves Many GM, Chrysler Owners vulnerable – Just call him Mr. Goodwrench. -
· Bankruptcy Funding Solicited for Car Makers – Outside advisers to the U.S. Treasury have started lining up the largest bankruptcy loan even. -