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General Motors bonds fall after downgrade

Newswire

LONDON, Oct 17 (Reuters) - Bonds of General Motors fell sharply in early trading on Thursday after Standard & Poor's cut the firm's long-term credit rating to BBB -- just two notches above "junk".

General Motors' six percent euro bond due October 2006 was trading at 93.6 percent of face value by 0740 ...

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