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05-02-2018, 11:15 AM
Filed under: Earnings/Financials (http://www.autoblog.com/category/earnings-financials/),UAW/Unions (http://www.autoblog.com/category/uaw-unions/),GM (http://www.autoblog.com/category/gm/)
https://o.aolcdn.com/images/dims3/GLOB/crop/6720x3782+0+0/resize/800x450!/format/jpg/quality/85/http://o.aolcdn.com/hss/storage/midas/476f7946e4d6319e9704def3095b65a5/206342676/RTX5EYSC.jpeg General Motors' planned $3.6 billion cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development Bank (KDB) will receive preference shares for its $750 million investment in GM Korea, two sources familiar with the matter said on Wednesday.Continue reading GM to provide loans to Korean unit, state-run bank to receive shares (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/)
GM to provide loans to Korean unit, state-run bank to receive shares (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/) originally appeared on Autoblog (http://www.autoblog.com) on Wed, 02 May 2018 13:15:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/) | Email this (http://www.autoblog.com/forward/23425539/) | Comments (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/#comments)
More... (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/)
https://o.aolcdn.com/images/dims3/GLOB/crop/6720x3782+0+0/resize/800x450!/format/jpg/quality/85/http://o.aolcdn.com/hss/storage/midas/476f7946e4d6319e9704def3095b65a5/206342676/RTX5EYSC.jpeg General Motors' planned $3.6 billion cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development Bank (KDB) will receive preference shares for its $750 million investment in GM Korea, two sources familiar with the matter said on Wednesday.Continue reading GM to provide loans to Korean unit, state-run bank to receive shares (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/)
GM to provide loans to Korean unit, state-run bank to receive shares (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/) originally appeared on Autoblog (http://www.autoblog.com) on Wed, 02 May 2018 13:15:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/) | Email this (http://www.autoblog.com/forward/23425539/) | Comments (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/#comments)
More... (https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/)