GM pays back another tranche of the 1.5 billion euro Opel bridge loan
Sunday, November 15th, 2009
Amid the supposed reluctance of the Germany government to provide 4.5 billion euros in the restructuring of OpelVauxhall, General Motors has paid back another tranche of a 1.5 billion euro ($2.2 billion) bridge loan advanced by Germany last June to save the segment from bankruptcy. In particular, GM had paid back another 200 million euros of the loan. Read more after the jump!
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