US: Chrysler details debt offerings

Chrysler has detailed the pricing of its previously announced offering of new secured senior debt securities (bond offering) and credit facilities. The bond offering will be issued in two tranches: US$1.5bn principal amount of 8% secured senior notes due 2019 and US$1.7bn principal amount of 8.25% secured senior notes due 2021. Subscribe to Automotive World … Continued

• By Webmaster
• May 20, 2011