GM has to pay 600 mln eur for Opel loan by end-Nov

Tue Nov 10, 2009 1:15pm GMT
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FRANKFURT, Nov 10 (Reuters) - General Motors [GM.UL] paid back 200 million euros ($299.6 million)of a 1.5 billion euro bridge loan for its German subsidiary Opel on Tuesday and plans to pay back the rest due before the end of the month, it said.

"We now have an outstanding balance of 600 million euros. We expect to pay the balance before November 30," GM Europe finance chief Enrico Digirolamo said in a statement sent on Tuesday.

(Reporting by Christiaan Hetzner)

 
 
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