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Reuters: Chrysler debt unloaded at deep discount

Started by chris, April 10, 2008, 07:44:03 PM

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chris

Chrysler debt unloaded at deep discount
      


DETROIT (Reuters) - Several hundred million dollars of loans to Chrysler LLC have been sold off by one of its underwriters at a deep discount, reflecting the mounting pressure on both the struggling automaker and its bankers since a $7.4-billion deal to take it private last year.
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