2010 Chrysler Sebring Touring Convertible 2-door 2.7l on 2040-cars
Las Vegas, Nevada, United States
Body Type:Convertible
Vehicle Title:Clear
Engine:2.7L 2700CC 167Cu. In. V6 FLEX DOHC Naturally Aspirated
Fuel Type:FLEX
For Sale By:Dealer
Make: Chrysler
Model: Sebring
Warranty: Power train 5 Years/100,000 miles
Trim: Touring Convertible 2-Door
Options: CD Player, Convertible
Drive Type: FWD
Safety Features: Anti-Lock Brakes
Mileage: 29,877
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Exterior Color: Gray
Interior Color: Black
Number of Cylinders: 6
Number of Doors: 2
For more details please contact Florin at 702-487-1104
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Fiat seeking $10B in financing to buy Chrysler
Thu, 30 May 2013As Fiat looks to become the full owner of Chrysler, all it has standing in its way is the retiree trust of the United Auto Workers, which currently holds the remaining 41.5 percent of the company as the result of the Pentastar's bankruptcy deal. The Detroit News is reporting that that Fiat is currently talking to numerous banks in an attempt to raise around $10 billion to fund the purchase of Chrysler's remaining stake with enough left over to refinance the debt of both companies. We've known that Fiat has been working to obtain the capital to buy out Chrysler for some time now, but this is the first time we've seen Fiat tip its hand about how much cash it thinks it will need to close the deal.
The first order of business is a legal dispute over the value of the UAW's stake in Chrysler, which the report indicates could cost Fiat around $3.5 billion. The acquisition of remaining shares could happen by this summer, but it sounds like CEO Sergio Marchionne (above) might not be ready for a full merger until next year.
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