The board of Chrysler Group LLC is mulling options for refinancing the automaker's roughly $7 billion in government loans ahead of an IPO that could deliver "good returns" for potential investors this year, Chrysler's chief financial officer said. "We need a couple quarters of black ink at the bottom of the P&L to do anything significant as regards (to) equity investors, but there's a lot of interest," Chrysler CFO Richard Palmer said in a March 14 interview with Reuters for a special report published on Friday. This is due in large part to the credibility and track record of Chief Executive Sergio Marchionne, who helped save Fiat SpA (FIA.MI) from bankruptcy and has revived investor interest in Chrysler, an automaker once left for dead.
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