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GM offers junk-like yields on new bonds in effort to stay investment grade
On May 7, General Motors announced it is selling bonds in its latest move to reinforce its liquidity position in the coronavirus pandemic.
GM is issuing debt in three parts, according to a person with knowledge of the matter.
The longest portion, a seven-year security, may yield approximately 7 percentage points abo....
GM is issuing debt in three parts, according to a person with knowledge of the matter.
The longest portion, a seven-year security, may yield approximately 7 percentage points abo....
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