Chrysler (FIATY.PK) is set to reduce the $3.5B loan portion of its refinancing package due to...

|By:, SA News Editor

Chrysler (FIATY.PK) is set to reduce the $3.5B loan portion of its refinancing package due to lukewarm reaction, sources say. However Chrysler will increase the $2.5B bond element, which generated a strong response. Investors are wary of the loan because of its large size and Chrysler's prospects. (previous)