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Chrysler Trying to Figure Out How to Repay Government Loans By EmploymentCrossing  |  Dated: 05-17-2011
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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%.


Read the original article here:

Chrysler may restructure refinancing terms: sources

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