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GM to provide loans to Korean unit, state-run bank to receive shares

AutoBlog.com
SEOUL — General Motors‘ planned $3.6 billion cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development Bank (KDB) will receive preference shares for its $750 million investment in GM Korea, two sources familiar with the matter said on Wednesday.
Source: https://www.autoblog.com/2018/05/02/gm-loan-korea-bank-shares/
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