Clock ticks on Chrysler (Dealscape

The next 24 hours are critical to the future of Chrysler LLC. Deals with lenders, the United Auto Workers union and Italy's Fiat SpA must be signed, sealed and delivered if the Obama administration is to save the automaker.

The Treasury Department has told the lenders, 46 in all, that they must accept $2 billion in cash to eliminate about $6.9 billion in secured debt by a Thursday deadline. The agreement is not yet final because some lenders involved oppose the terms.

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282 articles related to Fiat SpA
252 in-depth reports of Bankruptcies in the Automotive sector
234 articles related to Chrysler LLC
198 articles related to the United Auto Workers union
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NOT A SUBSCRIBER? Clock ticks on Chrysler Posted on April 29, 2009 2:30 PM The next 24 hours are critical to the future of Chrysler LLC. Deals with lenders, the United Auto Workers union and Italy's Fiat SpA must be signed, sealed and delivered if the Obama administration is to save the automaker. The Treasury Department has told the lenders, 46 in all, that they must accept $2 billion in cash to eliminate about $6.9 billion in secured debt by a Thursday deadline. The agreement is not yet final because some lenders involved oppose the terms. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 282 articles related to Fiat SpA 252 in-depth reports of Bankruptcies in the Automotive sector 234 articles related to Chrysler LLC 198 articles related to the United Auto Workers union 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

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