American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing
Green Car Congress
DECEMBER 7, 2012
American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.)
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