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May 12, 2020

GM Issues $4B Senior Unsecured Notes

King & Spalding advised GM in its offering of $4,000,000,000 aggregate principal amount of senior unsecured notes.  These notes include $1,000,000,000 of 5.40% notes due in 2023, $2,000,000,000 of 6.125% notes due in 2025 and $1,000,000,000 of 6.80% notes due in 2027. The proceeds from the offering will be used for general corporate purposes.  GM is a global company committed to delivering safer, better and more sustainable ways for people to get around. GM, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Holden, Baojun and Wuling brands.