Obbligazioni societarie GM, Ford, Chrysler: il 3D dell'automotive USA

[paologorgo]

chi non riesce ad aspettare, si può ascoltare l'hearing di ieri (che comprendeva la decisione sull'insinuazione al passivo...)

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
PDF FILE WITH AUDIO FILE ATTACHMENT
Page 1 of 1
Case: 09-50026 General Motors Corporation
Audio Date and Time: 09/14/2009 08:49:05
Audio File Size: 17,128 KB
Audio Run Time: [00:57:05] (hh:mm:ss)
Audio File Name: 1bk-09-50026-REG090914-084.9050001.mp3
Audio Track Title: GM Hearing of 09/14/2009
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09/14/2009 4036 PDF with attached Audio File (1bk-09-50026-REG090914-084.9050001.mp3 Track title: GM Hearing of 09/14/2009). Hearing Date & Time [09/14/2009 08:49:05]. File Size [17,128 KB]. Run Time [00:57:05]. (Audio). (Entered: 09/14/2009)

 

[TheLondoner]

scusate l'OT ma qualcuno conosce le sorti di Chevrolet ? e dei suoi impianti europei?

 

[paologorgo]

Ford (F) says its cash losses are slowing in the second half, and plans a full-year profit in 2011 for the first time since 2005, says CFO Lewis Booth. The automaker used $1B in the second quarter, down from $3.7B in Q1; cash from operations is at $21B.

 

[paologorgo]

ORDERED that, pursuant to section 1121(d) of the Bankruptcy Code, the
Debtor’s Exclusive Filing Period in which to file a chapter 11 plan is extended to and including
January 27, 2010; and it is further.
ORDERED that, pursuant to section 1121(d) of the Bankruptcy Code, the
Debtors’ Exclusive Solicitation Period in which to solicit acceptances of their chapter 11 plan is
extended to and including March 29, 2010;

 

[lupomar]

Appena arrivata una email da fineco che rimanda a questa comunicazione disponibile sul sito, che però non dice fondamentalmente niente.



GENERAL MOTORS CORPORATION – comunicazione informativa
In data 1° giugno 2009 General Motors Corporation (oggi denominata Motors
Liquidation Company) ha fatto ricorso ad una particolare procedura (Chapter 11)
prevista dal Bankruptcy Code statunitense, assimilabile ad un’amministrazione
controllata, che consente, fra l’altro, la prosecuzione dell’attività di gestione da parte
della medesima società.
In tale contesto, lo scorso 10 luglio, Motors Liquidation Company ha trasferito gran
parte dei propri assets ad una nuova ed indipendente società denominata General
Motors Company, controllata dal governo degli Stati Uniti e partecipata, tra l’altro,
dalla stessa Motors Liquidation Company.
E’ importante sottolineare che le posizioni debitorie e le responsabilità non
interessate dall’operazione sopra descritta, e, in particolare, quelle connesse a
partecipazioni nel capitale di General Motors Corporation o derivanti dall’emissione,
da parte della suddetta società, di strumenti finanziari, sono rimaste in capo alla
Motors Liquidation Company e, pertanto, saranno gestite nell’ambito della procedura
concorsuale del Chapter 11.
A tal proposito segnaliamo che, ad oggi, le attività da porre in essere ai fini della
tutela dei crediti derivanti da tali posizioni e i termini ad esse inerenti non sono
ancora state rese note dagli organi incaricati della relativa procedura concorsuale, ed
al riguardo la Banca continuerà a monitorare i relativi sviluppi per assicurare una
pronta informativa alla propria clientela.
Preme precisare, infine, che la procedura concorsuale sopra descritta non ha
interessato la diversa società GMAC.

 

[paologorgo]

ORDER PURSUANT TO SECTION 502(b)(9) OF THE
BANKRUPTCY CODE AND BANKRUPTCY RULE 3003(c)(3)
ESTABLISHING THE DEADLINE FOR FILING PROOFS OF CLAIM

ORDERED that the following procedures for filing Proofs of Claim are approved:
(a) Unless otherwise provided herein, the General Bar Date shall be
November 30, 2009 at 5:00 p.m. (Eastern Time).
(b) Unless otherwise provided herein, the Governmental Bar Date shall be
November 30, 2009 at 5:00 p.m. (Eastern Time).

 

[lambda]

Appena arrivata una email da fineco che rimanda a questa comunicazione disponibile sul sito, che però non dice fondamentalmente niente.

Oggi mi è stata accreditata la cedola della gmac 2009 ma non il rimborso su iwbank.
E' normale sta cosa??


P.S. dopo le 18:20 ho trovato anche il rimborso, finally!!!!

 

[paologorgo]

Ford Motor Credit Plans $1 Billion 5Y Senior Unsecured Bonds Source

NEW YORK -(Dow Jones)- Ford Motor Credit, the finance arm of Ford Motor Co. ( F), is planning to sell $1 billion of five-year senior unsecured bonds, according to a person familiar with the deal.

Ford is the only one of the Big Three automakers that has dodged a Chapter 11 filing. It raised billions of dollars through bond sales before the credit crunch, providing cash to survive the current downturn, and has come back to the bond market again in recent months. The new bonds will be underwritten by Citigroup (C), Bank Of America Merrill Lynch (BAC), JPMorgan Chase & Co. (JPM) and Morgan Stanley (MS). Net proceeds of the bond sale will go towards Ford Credit's general funds, the person said.
No timing was given for the bond sale, but investors expect the notes to price later Wednesday.

 

[paologorgo]

09/15/2009 4081

Transcript regarding Hearing Held on 9/14/09 9:02 AM Remote electronic access to the transcript is restricted until 12/14/2009. The transcript may be viewed at the Bankruptcy Court Clerks Office. [Transcription Service Agency: Veritext, LLC.]. (See the Courts Website for contact information for the Transcription Service Agency.). Notice of Intent to Request Redaction Deadline Due By 9/22/2009. Statement of Redaction Request Due By 10/6/2009. Redacted Transcript Submission Due By 10/16/2009. Transcript access will be restricted through 12/14/2009. (Richards, Beverly) (Entered: 09/16/2009)

 

[paologorgo]

nel caso a qualcuno fosse rimasto il dubbio, non resta nulla se non le azioni della nuova GM:

General Motors Corp. 's bankruptcy estate had $2.3 billion in assets and about $27.5 billion in debt as of Sept. 1, according to court papers. Old GM, now know as Motors Liquidation Co. , sold its most profitable businesses to the U.S. Treasury-led group in July. The $1.18 billion wind-down loan provided by Treasury, along with cash from the sale of remaining assets, should be enough to pay the administrative costs of its Chapter 11 case, GM said in a bankruptcy filing Tuesday. Motors Liquidation doesn't expect to be able to fully repay the liquidation loan and said the only assets available to distribute to creditors will be the equity it holds in General Motors Co. , the so-called new GM.