Chrysler Group Reduces Interest Rate on Term Loan


chrysler (select to view enlarged photo)

AUBURN HILLS, MI--Dec. 23, 2013: Chrysler Group LLC today announced that it has taken advantage of favorable market conditions to reduce the interest rate on its $2.9 billion term loan. Under current market conditions, this action reduces the annual interest cost for the term loan by approximately $22 million. The term loan maintains a maturity date of May 24, 2017.

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