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Visteon Seeks Approval For $150M DIP Package

By Ben James (October 29, 2009, 5:04 PM EDT) -- Auto parts maker Visteon Corp. has asked the court overseeing its Chapter 11 proceedings to give a green light to its bid for up to $150 million in debtor-in-possession financing to bolster the company's liquidity as the former Ford Motor Co. unit gears up for an expected uptick in vehicle production....

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