TOKYO, June 7 (Reuters) - Marelli Holdings, a Japanese
auto parts supplier owned by private equity firm KKR, is
considering filing for Chapter 11 bankruptcy protection in the
United States, Kyodo news agency reported on Saturday, citing
unnamed sources.
Marelli, a key supplier to embattled Japanese automaker
Nissan Motor ( NSANF ), is looking into the Chapter 11 option to
ensure its business operations won't be halted even if its
restructuring talks with creditors fall through, Kyodo said.
Marelli said in a statement in response to Reuters that it
does not comment on market rumours or speculation.
Marelli is in negotiations with lenders to secure additional
loans and intends to operate as usual while those talks are
underway, the company also said.