Chrysler Trying to Figure Out How to Repay Government Loans

Chrysler owes more than $7 billion to the US government due to a much-publicized round of auto industry bailouts. In order to meet their repayment obligations to the government, Chrysler is considering raising $6 billion in new debt. Chrysler has been slow to repay the government loan due to a high interest rate of up to 20%.

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Chrysler may restructure refinancing terms: sources

Chrysler Trying to Figure Out How to Repay Government Loans by Harrison Barnes