Bondholders approve GM debt swap - Globe and Mail
A majority of General Motors Corp. bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said Sunday, helping pave the way for a bankruptcy protection filing expected Monday. The bondholders completed voting
GM Bondholders Approve Plan, Paving Way for Bankruptcy - CNBC
The bondholders completed voting Saturday and slightly more that 50 percent agreed to the swap that would give them up to 25 percent ownership of a reorganized GM in exchange for $27 billion in debt, said the source. A bankruptcy filing by GM would
As bankruptcy looms, a new GM starts emerging - World Link
DETROIT - With an almost certain bankruptcy filing days away, General Motors is beginning its reinvention, planning to retool one factory to make its smallest vehicles ever in the U.S. and rid itself of the biggest. As GM’s board began two days of
Majority of GM bondholders agree to swap: source - Reuters
WASHINGTON (Reuters) - A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday. The bondholders completed
GM bondholders accept sweetened deal - Detroit News
Bondholders representing a majority of GM’s $27 billion in bonds have accepted an offer that could help speed the company’s passage through bankruptcy. A person familiar with the results disclosed them to The Detroit News on condition of anonymity
Bondholders approve GM debt swap - Globe and Mail
A majority of General Motors Corp. bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said Sunday, helping pave the way for a bankruptcy protection filing expected Monday. The bondholders completed voting
GM Bondholders Approve Plan, Paving Way for Bankruptcy - CNBC
The bondholders completed voting Saturday and slightly more that 50 percent agreed to the swap that would give them up to 25 percent ownership of a reorganized GM in exchange for $27 billion in debt, said the source. A bankruptcy filing by GM would
As bankruptcy looms, a new GM starts emerging - World Link
DETROIT - With an almost certain bankruptcy filing days away, General Motors is beginning its reinvention, planning to retool one factory to make its smallest vehicles ever in the U.S. and rid itself of the biggest. As GM’s board began two days of
Majority of GM bondholders agree to swap: source - Reuters
WASHINGTON (Reuters) - A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday. The bondholders completed
GM bondholders accept sweetened deal - Detroit News
Bondholders representing a majority of GM’s $27 billion in bonds have accepted an offer that could help speed the company’s passage through bankruptcy. A person familiar with the results disclosed them to The Detroit News on condition of anonymity