Chrysler lenders preparing counter offer: sources

DETROIT (Reuters) - Chrysler LLC's first-lien lenders have submitted a counter-offer to the U.S.

NEW YORK (Reuters) - The Treasury has raised its offer to Chrysler lenders with just over a week remaining for the embattled automaker to reach deals to cut its debt, labor costs and reach an alliance with Italy's Fiat SpA, sources said on Wednesday.

NEW YORK (Reuters) - Chrysler LLC's lenders are in talks with the U.S.

NEW YORK (Reuters) - Chrysler LLC's lenders are in talks with the U.S.

WASHINGTON/NEW YORK (Reuters) - Chrysler LLC's first-lien lenders have offered to take equity in a restructured automaker allied with Fiat SpA in exchange for writing off about 35 percent of the $7 billion they are owed, according to people with knowledge of the closed-door talks.

NEW YORK (Reuters) - Chrysler Group LLC borrowed $6.2 billion in new debt, $200 million more than the amount initially targeted by the automaker, people familiar with the matter said on Thursday.

A person briefed on the negotiations says banks and other lenders that hold $6.9 billion in Chrysler LLC debt will soon make a counteroffer to the government and Chrysler that likely will include an equity stake in the automaker.