Press releases
31.07.2025
TOKYO – July 31, 2025 – Marelli Holdings Co. Ltd. (“Marelli” or the “Company”), a global technology partner to the automotive industry, today announced that the Company received final approval from the U.S. Bankruptcy Court for the District of Delaware to access the full $1.1 billion in debtor-in-possession (“DIP”) financing from its lenders.
The Bankruptcy Court’s final approval follows an interim approval to access up to $519 million in DIP financing on June 12, 2025, and a second interim approval to access an additional $130 million on July 24, 2025.
This liquidity provided through the DIP financing facility will enable the Company to continue serving its customers and fulfilling post-petition obligations to suppliers and other creditors.
David Slump, President and Chief Executive Officer, said: “Gaining access to the full amount of DIP financing is a critical step that provides us with enhanced flexibility to continue fulfilling our obligations, serving our global customer base. We look forward to emerging as a stronger business that is well positioned to continue transforming the future of mobility.”
Additional Information
Additional information about Marelli’s financial restructuring is available at www.marelliforward.com.
Court filings and other information related to the proceedings, including the claims process, are available on a separate website administrated by the Company’s claims agent, Verita, at www.veritaglobal.net/Marelli; by calling Verita’s representatives toll-free at 877-606-7509 or +1 310-751-2626 for calls originating outside of the U.S. or Canada; or by emailing Verita at www.veritaglobal.net/Marelli/inquiry.
Advisors
Kirkland & Ellis LLP is serving as legal counsel to Marelli. PJT Partners Inc. is serving as financial advisor and Alvarez & Marsal LLC is serving as restructuring advisor to Marelli.
About Marelli
Marelli is a global mobility technology supplier to the automotive sector. With a strong and established track record in innovation and manufacturing excellence, our mission is to transform the future of mobility through working with customers and partners to create a safer, greener, and better-connected world. With around 40,000 employees worldwide, the Marelli footprint includes over 150 sites globally.
Media Contacts:
Fernando Vivanco
United States
Scott Bisang / Jude Gorman / Dylan O’Keefe
Collected Strategies
Marelli-CS@collectedstrategies.com
Japan
Ashton Consulting
+81 03-5425-7220