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09/01/2021 - Stellantis N.V. today announced it has entered into a definitive agreement to acquire F1 Holdings Corp., parent company to First Investors Financial Services Group, a leading independent auto finance company in the United States, in an all cash transaction for approximately $285 million.
FCA US continued its tradition as a leader in providing attractive, innovative benefits to employees when it added a student loan refinancing program. FCA US salaried employees with student debt, as well as employees with federal government-backed Parent PLUS loans, are eligible to refinance these loans through the program with preferred terms.
02/09/2014 - Chrysler Group LLC (“Chrysler Group”) announced today the closing of its previously announced offering of secured senior debt securities, raising approximately $3.0 billion in net proceeds; and senior secured term loan facilities, raising approximately $2.0 billion in net proceeds.
02/04/2014 - Chrysler Group LLC (“Chrysler Group”) announced today the pricing of its previously announced offering of secured senior debt securities to yield approximately $3.0 billion in net proceeds. Chrysler Group also priced senior secured term loan facilities under which it expects to raise approximately $2.0 billion in net proceeds.
01/29/2014 - Chrysler Group LLC (“Chrysler Group”) announced today that it plans to offer up to $2.7 billion in aggregate principal amount of secured senior debt securities.
01/31/2012 - Chrysler Group LLC will receive the award for “Americas Financing Package of the Year” on Wed., Feb. 1, from Thomson Reuters International Financing Review magazine.
01/04/2012 - Chrysler Group LLC today announced that Fiat S.p.A.'s ownership interest in the Company has increased to 58.5 percent, from 53.5 percent (fully diluted), upon the Company’s achievement of the final of three performance-related milestones.
09/06/2011 - Chrysler Group LLC today announced that Léo W. Houle and John B. Lanaway were appointed to its Board as independent directors, effective immediately. The new directors replace C. Robert Kidder, George F.J. Gosbee and Scott M. Stuart, who have decided to resign from the Board.
07/26/2011 - Chrysler Group LLC today announced its preliminary financial results for the second quarter (Q2) 2011, demonstrating continued improvement in its operating and financial performance. In Q2 2011, Net Revenues increased 30 percent to $13.7 billion compared to Q2 2010. The increase was primarily due to increased volumes and positive pricing and mix attributable to the 16 all-new or significantly refreshed products in the marketplace. First half (H1) 2011 Net Revenues totaled $26.8 billion, up 33 percent from H1 2010.
06/09/2011 - 06-08-2011Windsor, Ontario -
05/24/2011 - Chrysler Group LLC today announced the repayment of $7.6 billion in outstanding U.S. and Canadian government loans following the completion of new refinancing transactions. The original loans were repaid in full, more than six years ahead of schedule, along with the payment of accrued interest and additional consideration.
05/02/2011 - Chrysler Group LLC (“Chrysler Group”) announced today that it plans to commence new financing transactions consisting of: • senior secured credit facilities including an expected $3.5 billion six-year term loan and a $1.5 billion five-year revolving credit facility; and • an expected $2.5 billion in new secured debt securities (the “Notes”), expected to have eight- and ten-year maturities.
04/28/2011 - Chrysler Group LLC (“Chrysler Group”) announced today that it intends, subject to market and other conditions, to repay in full the outstanding obligations under the loans provided to Chrysler Group by the U.S. Department of the Treasury and the Canadian federal and Ontario governments. Chrysler Group intends to complete the repayment during the second quarter of 2011 from proceeds of a new term loan facility and newly issued debt securities to be offered and sold to institutional investors in a private offering exempt from registration under the U.S. Securities Act of 1933.
09/12/2008 - Chrysler LLC, in partnership with the State of Michigan and the UAW, announced today a first-of-its-kind special programs opportunity for eligible UAW-represented Chrysler employees in the State of Michigan. The joint partnership offers Chrysler employees financial support, job training and placement assistance, in order to ensure that “life after Chrysler” leads to a bright future for Michigan families and the economy of the State.
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