We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Gearing down

24 July 2007 By Antony Currie

The General Motors unit is profitable and its new private equity owners aren t pushing the envelope on debt multiples or borrowing terms. That s different from other stumbling LBO financings. And it makes lossmaking Chrysler s $20bn package look a lot trickier to pull off.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)