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The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need to be approved in two stages, which is typical in large corporate bankruptcy cases. Marelli Wins ...
Subject to court approval, this financing, along with the company's operational revenue, will provide the necessary liquidity for Marelli during the Chapter 11 process.
Bankrupt auto-parts supplier Marelli Holdings Co. won court approval to borrow $518.9 million to help fund its reorganization after delaying a request for some parts of a financing package ...
Marelli Holdings Co., a prominent auto parts supplier for giants like Stellantis NV and Nissan Motor Co., has filed for Chapter 11 bankruptcy protection in the U.S. This decision follows months of ...
The court granted Marelli access to $519 million of $1.1 billion in debtor-in-possession financing — a special loan process for companies going through bankruptcy.
Marelli Holdings Co., the long-struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in the U.S., saying its latest debt-cutting effort was ...
Marelli Holdings Co., the struggling auto parts supplier for Stellantis NV, Nissan Motor Co. and other carmakers, has filed for Chapter 11 bankruptcy protection in the U.S., saying its latest debt ...
KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
Marelli Holdings Co., a major supplier to Stellantis and Nissan Motor Co., owes the two customers a combined $767 million in unsecured debts, according to the company's Chapter 11 bankruptcy petition.
Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, ... said it had secured a commitment of $1.1 billion in financing from its lenders, ...
Subject to court approval, this financing, along with the company's operational revenue, will provide the necessary liquidity for Marelli during the Chapter 11 process.
Marelli Holdings, a technology partner in the automotive industry, has filed for voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware. This strategic move is ...