TITLE

Chrysler Gets Flashing Yellow Light from Investors

AUTHOR(S)
Clouse, Carol J.; Sheahan, Matthew
PUB. DATE
May 2011
SOURCE
High Yield Report;5/9/2011, Vol. 22 Issue 19, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the 3.5-billion U.S. dollar term loan B for Chrysler Group being syndicated by Morgan Stanley, as well as its bond issue. Chrysler has a junk bond deal worth 2.5 billion U.S. dollars marketed by Bank of America Merrill Lynch. Investors on the loan side of the company see the Chrysler as the weakest of the three biggest automakers in the U.S.
ACCESSION #
60604456

 

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