GM won't face cash crisis if rating gets cut
Article Abstract:
General Motors Corp. of United States credit rating is up for evaluation and may be lowered. A General Motors Corp. benchmark bond coming to term in July 2033 was 5.36 percent, better than junk bonds. General Motors Corp. has a cash valuation of $19.8 billion with $10 billion in a trust and credit facilities.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
EMI bond stance may hint at bid for AOL Music
Article Abstract:
EMI Group PLC launched a $243 million (216.7 million euros) convertible bond offering on September 11, 2003. The offering raised speculation that the company might be interested in acquiring AOL Time Warner's music operations.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Exact analysis of production lines with no intermediate buffers. The throughput rate of multistation unreliable production lines
- Abstracts: Alstom unit faces accounting probes: inquiries in U.S. shake confidence of investors ahead of liquidation vote
- Abstracts: The Treaty of Amsterdam and Agenda 2000. Economic performance and growth strategies. Section 8: the UK and the European Union: enlargement from 15 to 25 members in 2004
- Abstracts: Pouring rights fight. Big spending, big returns. Casting Call
- Abstracts: Ex-counsel at Stolt is to testify. Stolt hits rough water in bid for refinancing. U.S. says Stolt evaded strict embargoes for more than 20 years. Records indicate shipping company used fake documents, code words. Ports of call in Iran, Cuba, Sudan