The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need to be approved in two stages, which is typical in large corporate bankruptcy cases.

Marelli Holdings has said it has secured court approval – as part of its US Chapter 11 bankruptcy proceedings – for a measure that it says secures ‘all-normal course business operations ...

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 ...

Marelli receives US court approval to access finance and continue operations Secures interim approval to access up to $519m of $1.1bn in debtor-in-possession financing.

The Court granted interim approval to immediately access up to $519 million of $1.1 billion in debtor-in-possession financing from its lenders.

Marelli Holdings Co. Ltd. ("Marelli" or the "Company"), a global technology partner to the automotive industry, today announced that it has received approvals from the U.S. Bankruptcy Court for the ...

Secures Interim Approval to Access Up to $519 Million of $1.1 Billion in Debtor-in-Possession Financing All Normal-Course Business Operations Continuing As Usual TOKYO, June 12, 2025 /PRNewswire ...

PR Newswire TOKYO, June 12, 2025 Secures Interim Approval to Access Up to $519 Million of $1.1 Billion in Debtor-in-Possession Financing All Normal-Course Business Operations Continuing As Usual ...

The court granted interim approval to immediately access up to $519 million of $1.1 billion in debtor-in-possession financing from its lenders. Marelli said the additional capital, coupled with ...