Chrysler Group’s Refinancing Deal Named “Americas Financing Package of the Year”

  • Thomson Reuters publication IFR Americas honors Chrysler Group for its 2011 Refinancing
January 30, 2012 , Auburn Hills, Mich. -  Chrysler Group LLC will receive the award for “Americas Financing Package of the Year” on Wednesday, Feb. 1, from Thomson Reuters International Financing Review magazine.

The publication is honoring Chrysler Group for “defying all odds, repaying billions of dollars in debt and providing a fresh start” by refinancing and repaying its U.S. and Canadian government loans in full, with interest, six years early.
The publication credits Chrysler Group Chairman and CEO Sergio Marchionne’s “deep involvement in Chrysler and the added certainty of a $1.27 billion equity investment from Fiat” for “defying all odds” and giving investors the boost of confidence needed to complete the deal.

The Financing Package award is one of 11 new awards being presented this year. Winners were selected by IFR’s independent, global team of expert reporters and analysts. The award will be presented on the evening of Feb. 1, at an invitation-only ceremony in New York City.

Chrysler Group will host an analyst webcast and conference call to review and discuss its preliminary fourth-quarter and year-end 2011 financial results earlier that same day. The webcast and conference call will be on Feb. 1. at 8 a.m. ET/ 1 p.m. UK/ 2 p.m. CET.

For webcast access, go to http://www.chryslergroupllc.com/en-us/investor/Webcast.

Call-in numbers are:
U.S.: 877-312-8823
International: +1 253-237-1182

The presentation and press release will be posted in the Investor Relations section of the corporate website, www.chryslergroupllc.com, prior to the conference call. A replay will be available on the corporate site approximately 90 minutes after the call ends.

Materials will also be available the morning of Feb. 1.

About Chrysler Group LLC
Chrysler Group LLC, formed in 2009 to establish a global strategic alliance with Fiat S.p.A., produces Chrysler, Jeep, Dodge, Ram, Mopar, SRT and Fiat vehicles and products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler Group’s culture of innovation, first established by Walter P. Chrysler in 1925, and Fiat’s complementary technology that dates back to its founding in 1899.

Headquartered in Auburn Hills, Mich., Chrysler Group’s product lineup features some of the world's most recognizable vehicles, including the Chrysler 300 and Town & Country, Jeep Wrangler, Dodge Durango, Ram 1500, Jeep Grand Cherokee SRT8 and Fiat 500. Fiat contributes world-class technology, platforms and powertrains for small- and medium-size cars, allowing Chrysler Group to offer an expanded product line including environmentally friendly vehicles.

Contact Information

Shawn Morgan
Office: (248) 512-2692
Cell: (248) 760-2621
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