UPDATE 2-GM makes new bondholder offer ahead of bankruptcy

Newswire

* GM, gov't make new offer to bondholders ahead of filing * Equity exchange offer to bondholders open until Saturday * Major bondholders support offer - GM * GM shares up 15 pct (Recasts, adds details from filing, background, bylines) By Kevin Krolicki and David Bailey DETROIT, May 28 (Reuters) - General Motors Corp said on Thursday it had reached a deal with some major bondholders that would give them a bigger stake in a reorganized automaker and could pave the way for a ...

Premium Content (PAID Subscription Required)

"UPDATE 2-GM makes new bondholder offer ahead of bankruptcy" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×