Chrysler’s restructuring will not set new standards for secured lending even if the bankruptcy was “tilted” in favour of preserving the company over paying back creditors, says Moody’s Investors Service.
That follows a debate over whether Chrysler’s secured creditors got a raw deal in the carmaker’s bankruptcy, which cast doubt over the sanctity of secured claims in bankruptcy and led to fears that in future investors might demand higher interest rates to compensate.



