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US: Chrysler to repay govt loans on 24 May – report

According to unnamed sources said by Reuters to be familiar with the matter, Chrysler Group LLC plans to repay about US$7.5bn in US Department of the Treasury and Canadian federal and Ontario government loans on 24 May to strengthen its financial position. Following a recent restructuring of its planned debt deal, It’s time to log … Continued

According to unnamed sources said by Reuters to be familiar with the matter, Chrysler Group LLC plans to repay about US$7.5bn in US Department of the Treasury and Canadian federal and Ontario government loans on 24 May to strengthen its financial position.

Following a recent restructuring of its planned debt deal,

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