Filed under: Earnings/Financials,UAW/Unions,GM
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
GM to provide loans to Korean unit, state-run bank to receive shares originally appeared on Autoblog on Wed, 02 May 2018 13:15:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | Commentsvia Autoblog https://ift.tt/2HKtsc0
No comments:
Post a Comment