General Motors repays TARP loan in full-US Treasury

Newswire

WASHINGTON, April 21 (Reuters) - The U.S. Treasury Department confirmed on Wednesday that automaker General Motors Co [GM.UL] has repaid the $4.7 billion balance in Trouble Asset Relief Program debt it owed.

The repayment comes five years ahead of the loan maturity date and ahead of the accelerated repayment schedule the company announced last year, Treasury said.

"We are encouraged ...

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