UPDATE 1-GM's S.Korea auto JV facing $2 bln funding hurdle


(Recasts, adds analysts comments) By Kim Kyoung-wha SEOUL, July 23 (Reuters) - General Motors Corp's takeover of South Korea's troubled Daewoo Motor faces funding hurdles as creditors clash over $2 billion in funds that the new joint venture needs, lenders said on Tuesday. The debate is set to come to a head this week as lenders meet over funding a venture GM and banks will form to revive South Korea's third-largest automaker. "We cannot provide loans at a loss," said an official at ...

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