Chrysler wins last minute loan refinancing deal
Chrysler Corp financing unit reached a 152 bank syndicate accord to refinance 6.8 billion in loans, reducing the amount by 2 billion over two years. Chrysler pledged assets as collateral, raised interest rates to include outliers, and aims to preserve dealer credit and new vehicle development amid a junk debt rating that blocks traditional borrowing.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
Chrysler
Chrysler Financialorp
Lee Jacocca
Jay Leopold
Lege Mason Wood Walker
Baltimore
Market higher. Dow up amid sluggish trading on Tuesday
The New York AP reports the Dow Jones Industrial Average rose 459 points to 3,329.48 as advancers slightly outpaced decliners 7 to 6 on the NYSE in moderate 171.31 million shares traded. Major indices like Standard & Poor’s 500 and Nasdaq also eased amid global losses, with Tokyo markets hit by renewed declines and further downbeat outlooks.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Standard&Poor
Dow Jones
IBM
Kmart
Life
Litton
AllgPwr
Ly Lowes
AMAX
Loyola Corp
ATT Abs
Kh Marriott
Avemco
Bell
Unthed Mercantile BioWhittaker
Bnashi
Moore Corp
Ciavens Bank
Nations Bank
CSX Corp
Penney
Comsat
Potom el
Exxon
Sears
Fcnb Corp
Undgd Wash Gs
F&m Bancorp
Giant Foods
GTE Corp
Ferris Hech B
Undiged
Baker Watts Inc
Grain futures on CHIC400 ab Futures trading nitag
Grain futures data from CHIC400 ab board shows trading activity with open high low and last prices for WHEAT SOYBEAN and CORN. Key entries include May July and Sep contracts with prices and daily changes, along with open interest and sales figures amid fluctuating futures in a busy trading session.
MENTIONED IN THIS ARTICLE
Board of Trade
Mons
Also Mentioned on This Page
Standard& Poor
Nikkei Down
Wnesses
Frederick
Frostburg State University
Frostburg
Registrate
Augustus
FSU
Westview Court
Westren
Tan
Orga
Mira Program
School of Business
Frostburg Mars
of Market & Patrick
Hank
FCNB
Frederick County Nation AD Bank