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Tuesday, February 20, 2018

Exclusive: GM offers $2.2 billion debt for equity swap in return for Seoul's support - sources

  Mian Adeel Soomro       Tuesday, February 20, 2018
SEOUL (Reuters) - General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, four sources with direct knowledge of the matter said.


from Reuters: Business News http://ift.tt/2onbsYX
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Thanks for reading Exclusive: GM offers $2.2 billion debt for equity swap in return for Seoul's support - sources

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