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Home › GM to sell long-term notes to make pension payment

 

GM to sell long-term notes to make pension payment

2016-02-18 17:05:02| Automakers - Topix.net

General Motors plans to sell 20- and 30-year notes to make a payment on its huge U.S. pension obligation for hourly workers. The Detroit company filed a prospectus for the offering with U.S. Securities regulators on Thursday that did not specify an amount.

Tags: make sell notes payment

Category:Automotive

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