Chrysler Group LLC today announced that it has taken advantage of favorable market conditions to reduce the interest rate on its $2.9 billion term loan. Under current market conditions, this action reduces the annual interest cost for the term loan by approximately $22 million. The term loan maintains a maturity date of May 24, 2017.
Chrysler Group LLC today announced that it has taken advantage of favorable market conditions to reduce the interest rate on its $2.9 billion term loan. Under current market conditions, this action reduces the annual interest cost for the term loan by approximately $22 million. The term loan maintains a maturity date of May 24, 2017.
