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Marelli Aiming for Rehabilitation under Partner Banks

Marelli Aiming for Rehabilitation under Partner Banks

The logo of Marelli Holdings
The logo of Marelli Holdings

   Tokyo, July 30 (Jiji Press)--Japanese auto parts maker Marelli Holdings Co. has announced a plan to achieve its rehabilitation under the initiative of a group of partner lenders including Deutsche Bank.
   Marelli, which filed for Chapter 11 bankruptcy protection in the United States in June, expects to get out of the bankruptcy procedures in 2026 under its new rehabilitation program. Clients of Marelli, formerly Calsonic Kansei Corp., include struggling Japanese automaker Nissan Motor Co.

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AFP-JIJI PRESS NEWS JOURNAL


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