Dual Deals For Chrysler Put In Gear

28 Jun 2007

Two bank meetings were held last Thursday at the Waldorf-Astoria, launching the financing for Cerberus Capital Management's $7.4 billion buyout of an 80.1% equity stake in the Chrysler Group.

Two bank meetings were held last Thursday at the Waldorf-Astoria, launching the financing for Cerberus Capital Management's $7.4 billion buyout of an 80.1% equity stake in the Chrysler Group. The deal has spawned $20 billion worth of loans that are being syndicated. The Chrysler Automotive component consists of ...

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