Comment on GM ties up $5 bln bank deal, IPO filing Fri-sources

GM ties up $5 bln bank deal, IPO filing Fri-sources

GM ties up $5 bln bank deal, IPO filing Fri-sources

NEW YORK (Reuters) - General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy.

Senh: The stock market went down, but I consider this good news. At least GM is getting back up, and that can only help our economy.

 

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