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Wednesday, April 1, 2020

Banks wary of liquidity extend expensive, shorter-dated credit to GE

  Mian Adeel Soomro       Wednesday, April 1, 2020
NEW YORK (LPC) - General Electric Co is asking its lenders to replace US$20bn in revolving loans with a new debt package that will come with a smaller size and shorter maturities, sources said.


from Reuters: Business News https://ift.tt/2w5D1xA
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Thanks for reading Banks wary of liquidity extend expensive, shorter-dated credit to GE

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