← Back to: "Fiat Hunting $10 Billion Loan to Buy Chrysler"
Sergio Marchionne - Jeep Grand Cherokee
"Italian giant Fiat is reportedly looking to borrow up to $10 billion to buy the remaining stake of the Chrysler Ground and refinance the debt of both companies. According to The Detroit News, Fiat is negotiating with banks such as Bank of America, Deutsche Bank, Goldman Sachs and BNP Paribas for a loan which will allow it to purchase the 41.5 percent of Chrysler held by the United Auto Workers’ retiree health-care trust. The same report claims that Fiat may pay as much as $3.5 billio..." Continue Reading →
Photo credits: Chrysler
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