Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

GM reduces loan refinancing target, may pay up for new debt [Yahoo! Finance News]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
The GM logo is seen at the General Motors Assembly Plant in Ramos ArizpeBy Michelle SierraNEW YORK LPC) - General Motors Co GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility following discussions with its bank group during an unprecedented health crisis in the US.The company originally went out to its JP Morgan and Citigroup-led bank group in early March requesting to push maturities on the US$16.5bn in revolving credit facilities as part of its regular-way liability management operations.The transaction was meant to roll over maturities, but leave pricing unchanged, several sources familiar with the discussions said.But GM’s decision to refinance came at a time when the company is facing a longer than expected shutdown of its plants and considerable revenue losses amid a crisis of extraordinary magnitude that has created a playing field much different from when it last underwent refinancing discussions in 2019.Complicati Show less Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JPM alerts
Opt-in for
JPM alerts

from News Quantified
Opt-in for
JPM alerts

from News Quantified