Friday, 3 April 2020

GM reduces loan refinancing target, may pay up for new debt

NEW YORK, April 3 (LPC) - General Motors Co (GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility following discussions with its bank group during an unprecedented health crisis in the US.



from Reuters: Company News https://ift.tt/2xKpdZS
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