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The company filed bankruptcy June ... designed to shed debt, Marelli said in a statement. The loan approved June 11 will help the company continue operating normally during the insolvency case.
The court granted interim approval to immediately access up to $519 million of $1.1 billion in debtor-in-possession financing ...
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 questioned ...
Because of Marelli’s financial profile and the “severe distress” affecting the auto industry in general, Marelli began contingency planning for bankruptcy, which it viewed as the most effective way to ...
Marelli Holdings Co., a major supplier to Stellantis and Nissan Motor Co., owes the two customers a combined $767 million in ...
Marelli Holdings Co., a prominent auto parts supplier for giants like Stellantis NV and Nissan Motor Co., has filed for ...
Marelli files for U.S. bankruptcy, citing Trump-era tariffs and supply chain strain impacting clients like Nissan and ...
A key Nissan supplier has filed for Chapter 11 bankruptcy, raising concerns about potential impacts on Nissan's production ...
Tokyo, June 11 (Jiji Press)--Japanese auto parts maker Marelli ... bridge loan of 1.1 billion dollars from creditors. There will be no problem with its business activities during the bankruptcy ...