GM impresses market with USD4.5bn bond deal

Newswire

* USD25bn of orders flood in as GM heads back to high grade * Cheap debt refinances 9% dividend-paying Pref shares By Natalie Harrison and Danielle Robinson NEW YORK, Sept 27 (IFR) - General Motors garnered both praise and a whopping order book this week when it came to market with its first unsecured bond offering since coming out of bankruptcy. The blockbuster USD4.5bn deal was another step in the iconic US carmaker's slow march ...

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