Pete Hastings Quotes (5 Quotes)

This is long-awaited good news for bond investors. The next question is whether the new unit will have an investment-grade rating.

What it means for the bid, in order for GM to accomplish its goals, is that KKR needs to find another bank.

Separation from GM is critical, if they're able to secure an investment-grade rating, that's great news for bond investors.

Most of their operating profit comes from the U.S.. Everyone's been hurt by rising oil and gas, especially smaller and mid-sized pickups.

GMAC bondholders would be delighted to see a transaction of some sort take place and ecstatic if it were investment grade.