Datamonitor: GM receives approval of $33.3 billion in debtor-in-possession financing - 0 views
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Alexander Kühbach on 01 Jul 09General Motors has received US Bankruptcy Court approval of $33.3 billion in debtor-in-possession financing from the US Treasury, and the Canadian and Ontario governments. The court previously authorized General Motors (GM) to use up to $15 billion of the facility on an interim basis and now the court has entered an order approving the full facility on a final basis.
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