General Motors (GM -1.7%) appears set to launch a $10B revolving credit facility, according to...

|About: General Motors Company (GM)|By:, SA News Editor

General Motors (GM -1.7%) appears set to launch a $10B revolving credit facility, according to Thomson Reuters. If the company draws down on the reported $5B revolvers at 3-years and 5-years, pricing is anticipated to be at 250 bps over Libor.