WASHINGTON, March 27 (Reuters) - General Motors Corp has given bondholders holding over $27 billion in its debt a new proposal on terms for exchanging most of that debt into equity, according to a person with direct knowledge of the negotiations.
WASHINGTON, March 27 (Reuters) - General Motors Corp has given bondholders holding over $27 billion in its debt a new proposal on terms for exchanging most of that debt into equity, according to a person with direct knowledge of the negotiations.