Treasury Direct News

Fiat may buy Treasury’s stake in Chrysler

May 26, 2011
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Fiat may buy Treasury’s stake in Chrysler

Fiat might soon buy the remaining shares of Chrysler Group stock now held by the U.S. and Canadian governments, closing the book on the 2009 bailout with Treasury still likely to be short by more than $1 billion.

Published May 25, 2011.
Read more: CNN Money

Chrysler Lines Up $7.5B ReFi

May 21, 2011
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Chrysler Lines Up $7.5B ReFi

Chrysler would issue $3.2 billion worth of bonds to investors in two tranches.

Published May 20, 2011.
Read more: Zacks.com via Yahoo! Finance

Treasury won’t sell GM shares before August: sources

May 16, 2011
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Treasury won’t sell GM shares before August: sources

The U.S. Treasury does not plan to start selling its remaining shares in General Motors Co until August at the earliest, after the automaker’s second-quarter financial results, people familiar with the matter said.

Published May 12, 2011.
Read more: Reuters via Yahoo! News