Insurances & Business

News Economy Business Investment Banks Credits

Chrysler Debt Unloaded at Deep Discount

DETROIT (Reuters) - Several hundred million dollars of
loans to Chrysler LLC have been sold off by one of its
underwriters at a deep discount, reflecting the mounting
pressure on both the struggling automaker and its bankers since
a $7.4-billion deal to take it private last year.

Leave a Reply »»

Similar/Related/News: