Reorganization, Lenders | featured news

(Image from article: "Treasury Is Said to Increase Its Offer to Chrysler Lenders")

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Main Topics

Lenders
Reorganization

Reorganization Topics

Big Three
Chrysler
Debt-for-equity
Equity Shares

Treasury Is Said to Increase Its Offer to Chrysler Lenders

Under the terms of the new plan, Chrysler’s lenders would receive about 22 cents on the dollar, plus a 5 percent equity stake in the reorganized company, a person with knowledge of the matter said.

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