GM expects to repay $1 bln loan to Treasury - WSJ

Newswire

March 26 (Reuters) - General Motors Co [GM.UL] expects to repay $1 billion to the U.S. Treasury on Wednesday, attempting to settle the loan with the government ahead of schedule, the Wall Street Journal said, citing a person familiar with the plan. GM could not be immediately reached for comment by Reuters outside regular U.S. business hours. Last November, GM had said it would begin making quarterly payments in December of $1.2 billion to the U.S. Treasury and the governments of Canada ...

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