Chrysler has lined up investors allowing it to pay off $7.5B in loans from the U.S. and Canadian...

|By:, SA News Editor

Chrysler has lined up investors allowing it to pay off $7.5B in loans from the U.S. and Canadian governments. Details should be finalized by Thursday morning, but the company is set to receive $2.5B in bank loans and issue $3.5B in bonds, with Fiat (FIATY.PK) kicking in $1.3B. The deal will substantially lower the automaker's interest costs.