Banks, Cerberus to absorb $12bn Chrysler loans
A JPMorgan-led group of banks has reportedly been left holding the bag for $10 billion in loans relating to the Chrysler deal, while buyer Cerberus and seller Daimler will shoulder another $2 billion. Earlier today, underwriters of KKR’s Alliance Boots deal also postponed debt syndication.
12 January 2013•2 mins read
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