Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

U.S. Treasury Says its Proceeds From GM IPO Reach $13.5 Billion

U.S. Treasury Secretary Timothy Geithner
Timothy Geithner, U.S. treasury secretary. Photographer: Prashanth Vishwanathan/Bloomberg

Dec. 2 (Bloomberg) -- The U.S. Treasury Department today said its total proceeds from an initial public offering of General Motors stock have reached $13.5 billion, after underwriters exercised an over-allotment option last week that added $1.8 billion to the government’s coffers.

Related News and Information: Top currency-market articles {TOP FRX <GO>} Bond yield forecasts: {BYFC <GO>} Global economy watch: {GEW <GO>} Central Bank Monetary Policy Rates {CBRT <GO>}

To contact the reporters on this story: Rebecca Christie in Washington at rchristie4@bloomberg.net;

To contact the editor responsible for this story: Kevin Costelloe in Washington at kcostelloe@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.