Marelli gains interim court approval to access up to $519 million of debtor-in-possession financing
The secured financing, along with revenue from Marelli's ongoing operations, is intended to provide sufficient liquidity during the Chapter 11 process
Marelli Holdings has received interim approval from the US Bankruptcy Court for the District of Delaware to access up to $519 million out of a total $1.1 billion in debtor-in-possession financing.
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