TITLE

GM Considers Return To the Loan Market

AUTHOR(S)
Kantin, Kerry
PUB. DATE
April 2006
SOURCE
Investment Dealers' Digest;4/3/2006, Vol. 72 Issue 13, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the $5.6 billion unsecured revolver loan of car maker General Motors (GM) gained more than ten points in the secondary market amid rumors of loan refinancing or amendment plans. GM said that it can not access the loan because of its restatement of its financial reports for 2002, 2003 and 2004. GM would have to provide collateral to its lenders if it decides to amend the loan facility.
ACCESSION #
20408800

 

Related Articles

  • GM Revolver Soars As Co. Says It May Replace Or Amend Loan. K. K. // Bank Loan Report;4/3/2006, Vol. 21 Issue 13, p1 

    The article reports on the revolving credit facility of General Motors Corp. in the U.S. A speculation exists that the company will amend or replace its loans. Rating agencies put down the company's credit rating, and suggest that the company should grant collateral to its lenders to have...

  • CEO: GM won't seek bankruptcy. Koeing, David // South Texas Automotive Report;Aug2008, Vol. 10 Issue 11, p7 

    The article reports on the statement by Rick Wagoner, chief executive of General Motors Corp. (GM), on July 10, 2008, which dismissed speculation that the firm will file bankruptcy protection. Wagoner stressed that the company's cash position will remain strong through this year and that it has...

  • GMAC is new name for European GM finance brands. Britt, Bill // Automotive News Europe;11/3/2003, Vol. 8 Issue 21, p12 

    Reports on the move by automobile manufacturer General Motors to introduce GMAC as the single brand representing all its finance brands in Europe, as of November 2003. Incident that led to the move; Purpose of GMAC; Details on an advertising campaign launched to introduce the brand realignment.

  • Zeta Dumped.  // Ward's Auto World;Apr2005, Vol. 41 Issue 4, p9 

    Reports that General Motors Corp. has suspended plans for its Zeta care platform for North America. Reason behind the move; Car models that were expected to be drawn from the platform; Factors that led to the company's financial revisions.

  • GM 2nd-quarter profit soars to record $1.7 Billion. Miller, Joe // Automotive News;7/26/1999, Vol. 73 Issue 5830, p16 

    Focuses on the financial performance of automaker General Motors for the second quarter of 1999. Record income posted during the period; Decline in worldwide market share; Repurchase of shares of common stock in bid to increase value to shareholders.

  • Orient Express.  // Ward's Auto World;Feb2006, Vol. 42 Issue 2, p10 

    The article reports on the stability of General Motors (GM) in Asia despite its struggles in the U.S. While the General Motors Corp. nameplate is struggling in North America, Buick is a powerful brand in China, favored by the country's elite. This at least starts to explain why GM is making...

  • New Trucks Won't Save GM. Flint, Jerry // Ward's Auto World;Feb2006, Vol. 42 Issue 2, p48 

    The article comments on the significance of the GMT900 trucks released by General Motors (GM) to the company. The new GMT900 are much improved, with better fuel economy, handling and fit and finish. But too much is being expected of them. They will not single-handedly save GM. Sales will not...

  • We Do Deny.  // Saturday Evening Post;3/9/1935, Vol. 207 Issue 36, p22 

    Presents views and insights on the significance of the extra dividends to be paid on General Motors Corp. in the generation of employment in the U.S. Assessment of the extra dividend paid by the company on its common stock; Disparities in earnings made by the stockholders and employees; Rate of...

  • General Motors Gets $11B Revolver. Bisbey, Allison // High Yield Report;11/12/2012, p3 

    The article reports that U.S. automobile maker General Motors has received an 11 billion dollar credit facility in November 2012. It states that the facility consisted of a three-year revolving line of credit as well as a five-year revolving line of credit facility. According to the author, the...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics