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Chrysler seeking reduction in loan interest rate, again

Chrysler Group LLC is reportedly seeking to lower the interest rate on a US$2.9bn loan. This is the second time this year that the OEM has looked to lower the interest rate on this particular loan. Chrysler obtained this loan originally in 2011 to help repay the bailout from the US and Canadian governments in … Continued

Chrysler Group LLC is reportedly seeking to lower the interest rate on a US$2.9bn loan. This is the second time this year that the OEM has looked to lower the interest rate on this particular loan. Chrysler obtained this loan originally in 2011 to help repay the bailout from the US and Canadian governments in 2009.

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