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Jaguar Land Rover Plans 3-Part Bond Issue
Wall Street Journal - May 10, 2011
Land Rover, Jaguar Land Rover North America LLC, Land Rover Exports and Jaguar Cars Exports, said India's largest vehicle-maker by volume in its notification to local exchanges. The proceeds are to be used to refinance existing company debt.
Debt doesn't go away when lender writes it off
Los Angeles Times - May 08, 2011
After a year I simply could not afford the car and could not refinance as I was incredibly upside-down. The auto lender wasn't willing to help, so I did a voluntary repossession. Nissan came after me for the balance remaining after auction but
Repaying loans will boost Chrysler brand: Marchionne
Vancouver Sun - Apr 28, 2011
Once the loans are paid, the Canadian governments will own 1.7 per cent, the US Treasury 6.6 per cent and the United Auto Workers union's health care trust 45.7 per cent. Marchionne said he was confident that banks and institutional investors will be
Treasury says Fiat move will speed US exit from auto industry
The Detroit News - Apr 21, 2011
"For folks in Detroit, where you're from, they know that our investments can make a difference because we essentially saved the US auto industry," Obama said. "We now have three auto companies here in America that are all turning a profit.
Chrysler works to find investors
The Detroit News - Apr 16, 2011
The effort is in addition to Chrysler's ongoing talks with the four major banks — Goldman Sachs, Morgan Stanley, Citigroup Inc. and Bank of America Corp. — about refinancing its high-interest government debt. Chrysler paid more than $1.2 billion in