In the News

GM Announces $3.75 billion Convertible Debt Offering

Approved by the Securities and Exchange Commission, General Motors, the world's largest car maker, offered $3.75 billion in convertible securities.  This offering will create liquidity for the corporation to help strengthen GM's balance sheet by approximately $10 billion this year. 

Corporate:  Keith S. Crow, Chuan Li

Tax:  Thomas Evans, Michael Hauswirth
Underwriters for the offering were Merrill Lynch & Co. and Morgan Stanley.
Details of the offering can be found in the March 1, 2002 editions of The Wall Street Journal and Financial Times.