Chrysler Raises $5 Billion To Pay Off Debt
February 10, 2014 at 15:26 PM EST
Fiat Chrysler Automobiles group announced today its Chrysler unit will pay $5 billion to a United Auto Workers healthcare trust, completing debt repayments from its bankruptcy in full almost a decade earlier than anticipated, the company said in a statement, according to Reuters . Chrysler raised about $3 billion in bonds