US EditionGM issues $2.7 billion in bond
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GM issues $2.7 billion in bond
Shown above is rendering of the LG Energy Solution's battery plant under construction in Lansing, Michigan. [Photo courtesy of LG Energy Solution] General Motors (GM), which cooperates with South Korea's LG Energy Solution, announced on May 6 that it will issue $2 billion in senior unsecured fixed-rate bonds. The funds will be used in part to support a loan to Ultium Cells, GM’s electric vehicle battery joint venture with LG Energy Solution. Th…
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