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Bankrupt auto-parts supplier Marelli Holdings Co. won court approval to borrow $518.9 million to help fund its reorganization ...
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Just Auto on MSNMarelli receives US court approval to access finance and continue operationsMarelli Holdings has said it has secured court approval – as part of its US Chapter 11 bankruptcy proceedings – for a measure ...
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 ...
The Court granted interim approval to immediately access up to $519 million of $1.1 billion in debtor-in-possession financing from its lenders. This additional capital, coupled with cash generated ...
The brand cited tariffs as the cause of its bankruptcy, making it the first large brand to go bust under the escalating trade ...
Marelli was among the first major companies in any industry to pin a bankruptcy filing in part on tariffs. Other auto ...
Marelli Holdings Co., a major supplier to Stellantis and Nissan Motor Co., owes the two customers a combined $767 million in ...
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 ...
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