NEW YORK, June 20 (Reuters) - Moody's Investors Service on Friday affirmed its ratings on General Motors Corp. following news that the automaker will sell about $13 billion in debt and convertible securities to help shore up its underfunded pension plan and meet healthcare obligations.
Moody's affirmed GM's long-term rating of "Baa1," its third-lowest investment grade, and its "Prime-2" ...
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