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US: Court approves US$33.3bn in DIP financing for GM

Friday, June 26, 2009,

Tags: Corporate Finance, General Motors, OEM Strategy.

AutomotiveWorld.com

General Motors has announced that it has received approval from the US Bankruptcy Court for the southern district of New York, for debtor in possession (DIP) financing of US$33.3bn from the US Treasur...

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Published on Friday, June 26, 2009

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