Fiat's access to Chrysler funds curbed by dividend cap, debt covenants

Fiat Chrysler Automobiles group disclosed that its access to Chrysler’s cash was limited by a cap on dividends from the US carmaker and its debt covenants. Fiat’s intention to fully acquire Chrysler was partly motivated by the fact that it could gain access
Read Article

MattDarringer - 2/20/2014 7:54:43 PM

0 Boost

Fiat should expand the Mazda partnership and funnel Chrysler's money to Mazda to engineer platforms for all their combined brands.