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Majority of G.M. Bond Debt Supports Exchange Plan – DealBook Blog …
Holders of about 54 percent of G.M.’s $27.2 billion in bond debt agreed to support the plan by the deadline of 5 p.m. Saturday, a spokesman for a committee representing some of G.M.’s largest bondholders, which negotiated the deal with …
Calculated Risk: GM Bondholders Agree to Debt-for-Equity, Hummer …
General Motors’ bondholders finished voting Saturday on the company’s plan to exchange their debt for an ownership stake … Bondholders with slightly more than 50 percent of G.M.’s $27.2 billion in bond debt agreed to support the plan …
GM bondholders back debt-for-equity deal – MarketWatch
SAN FRANCISCO (MarketWatch) — A majority of investors holding $27 billion in General Motors Corp. bonds have agreed to swap the debt for equity in the new company, according to a report from the Wall Street Journal citing people …
How to Eliminate Credit Card Debt
Credit card debt is one of the biggest problems most people face when trying to get a handle on their finances. Credit cards make it easy to spend more money than you have, and then the crippling interest rates and fees make it seem …
