debt refinancing

Chrysler Announces Details of Government Loan Payback

Chrysler Announces Details of Government Loan Payback
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Two years after a government bailout and rescue by Italian automaker Fiat and Chrysler has announced detailed plans to repay its government loans. A new $3 billion term loan, combined with $3.2 billion in bonds and a $1.3 billion hand out from Fiat will be used to pay off the $7.5 billion it borrowed from… Continue Reading...