Fiat Chrysler Automobiles NV closed on a deal with creditors to gain access to 2…
Fiat Chrysler Automobiles NV closed on a deal with creditors to gain access to 2.5 billion euros ($2.8 billion) held by its North American-based operations known as FCA US, formerly Chrysler Group LLC. The renegotiated term loans allow the parent company full access to the subsidiary’s cash, lifting restrictions that have been in place since May 2011.
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