Skip to content

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, Subscribe to Automotive World … 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,

Subscribe to Automotive World to continue reading

Sign up now and gain unlimited access to our news, analysis, data, and research

Subscribe

Already a member?

https://www.automotiveworld.com/articles/87221-us-chrysler-to-repay-govt-loans-on-24-may-report/

Welcome back , to continue browsing the site, please click here