Chrysler Finco Offered With Bigger OID, Fatter Pricing

31 Jul 2007

A reworked deal for Chrysler Financial has been rejiggered again to get it done before Friday. Investors said lead JPMorgan sent out an e-mail today offering a new original-issue discount being talked at 95/96 on both tranches of debt; pricing widened again on the deal, to LIBOR plus 4% on the first lien and 6 1/2% on the second lien.

A reworked deal for Chrysler Financial has been rejiggered again to get it done before Friday. Investors said lead JPMorgan sent out an e-mail today offering a new original-issue discount being talked at 95/96 on both tranches of debt; pricing widened again on the deal, to LIBOR plus ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data