General Motors announced on 5 November a new US$11bn revolving credit facility consisting of a US$5.5bn three-year facility and a US$5.5bn five-year facility, to which 35 financial institutions from 14 countries contributed. The new borrowing facility replaces GM's existing US$5.0bn facility maturing in 2015. "The new revolver provides a significant source Subscribe to Automotive World … Continued
General Motors announced on 5 November a new US$11bn revolving credit facility consisting of a US$5.5bn three-year facility and a US$5.5bn five-year facility, to which 35 financial institutions from 14 countries contributed. The new borrowing facility replaces GM's existing US$5.0bn facility maturing in 2015.
"The new revolver provides a significant source
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https://www.automotiveworld.com/articles/gm-announces-new-us11bn-revolving-credit-facility/
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