(Reuters) - GM on Thursday changed its estimate of its exposure related to Delphi to $7 billion from between $6 billion and $7.5 billion. For details, see [nN24309225].
"We still expect the comprehensive costs of a consensual rather than court-imposed resolution of the Delphi situation to be well within the scope of GM's liquidity, and such an outcome is reflected in our rating," S&P said in a statement.
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"We still expect the comprehensive costs of a consensual rather than court-imposed resolution of the Delphi situation to be well within the scope of GM's liquidity, and such an outcome is reflected in our rating," S&P said in a statement.
Read more at Reuters.com Bonds News
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