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description=Marelli is taking proactive steps to strengthen its financial position through a value-maximizing restructuring. Learn more about the steps Marelli is taking to drive the Company forward.;

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driving marelli forward home press releases faqs contact driving marelli forward marelli is taking proactive steps to strengthen its financial position through a value maximizing restructuring we will continue operating as usual and there will be no interruptions in service or product delivery as we work to complete the restructuring process new liquidity will support normal course business operations marelli has commenced chapter 11 cases in the united states bankruptcy court for the district of delaware to comprehensively restructure its long term debt obligations approximately 80 of the company s lenders have signed an agreement to support the restructuring which will reduce the company s debt and strengthen its liquidity position to support the company during this process marelli has received a significant commitment for 1 1 billion in debtor in possession financing from its lenders this additional capital underscores lenders continued support and confidence in the company s underlying business and its long term potential marelli does not expect any operational impact from this process and will continue to work closely with its customers suppliers and partners to innovate and invest in its portfolio of advanced technologies that will differentiate the vehicles of the future and transform mobility marelli will continue to operate throughout this process no changes to how customers receive shipments or service working with vendors and business partners paying employee wages and benefits marelli s focus on innovation digitalization and technology has never been stronger as we move through this process we will continue to serve our customers and work with our suppliers and partners as they have come to expect we are also grateful for the hard work and dedication of our employees who remain focused on delivering the best service possible david slump president and chief executive officer marelli case information court filings and other information regarding the claims process are available on a separate website administered by the company s claims agent verita at www veritaglobal net marelli restructuring hotline toll free 877 606 7509 u s or canada international 1 310 751 2626 www veritaglobal net marelli inquiry media inquiries marelli fernando vivanco fernando vivanco marelli com united states scott bisang jude gorman dylan o keefe collected strategies marelli cs collectedstrategies com japan dan underwood ashton consulting dhu ashton jp privacy policy marelli holdings co ltd this website uses technologies such as cookies to analyze and improve our website to give you the best experience possible click to accept or to refuse the use of this technology on our site accept refuse preferences manage consent preferences by category essentials always active necessary for the site to function always on marketing used for targeted advertising personalization remembers your preferences and provides enhanced features analytics measures usage and improves your experience reject all accept all thank you your submission has been received oops something went wrong while submitting the form preferences