General Motors, 6.25% Series C Convertible Senior Debentures due 7/15/2033 (GPM**)
NYSE · · CUSIP 370442717
This security has been delisted at the request of the issuer and is no longer trading, but to our knowledge is still paying distributions to holders. It may start trading on the OTC market, but to our knowledge it has not done so to date.
The reference information below — security type, terms, ratings and company profile — is retained for research. Current pricing is not available.
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Security Details

Coupon Rate
6.25%
Liquidation Preference
$25.00
Call Price
$25.00
Call / Redemption Date
7/20/2010
Maturity Date
7/15/2033
Distribution Period
S
Rate Type
Fixed
Annual Distribution
1.5625
Distribution Dates
1/15 & 7/15
Credit Ratings
Moody's C · S&P C (2/12/2009)
Conversion
0.525 @ $47.62
Tax-Advantaged Dividends
No

Security Profile

Security's distribution is suspended.
Security Type
Exchange-Traded Debt Security »
CUSIP
370442717
Market Cap
Large Cap · $4 Billion
IPO
6/27/2003 · $25.00/share
Parent Company
General Motors Co. (GM)
Business: General Motors Corp., 6.25% Series C Convertible Senior Debentures due 2033, issued in $25 denominations, redeemable at the issuer's option on or after 7/20/2010 at $25 per share plus accrued and unpaid interest, maturing 7/15/2033, distributions of 6.25% ($1.5625) per annum are paid semiannually on 1/15 & 7/15 to holders of record on the last day of the month preceding the payment date. The preferred shares are convertible any time at the holder's option into 0.525 common shares of General Motors Corp. (NYSE: GM), an initial conversion price of $47.62 per common share. The holder may require the company to repurchase the debentures on July 15th of 2018, 2023, and 2028 at the company's option of cash or stock. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The debentures are senior debt of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.

Company Contact

CEO
G. Richard Wagoner, Jr.
CFO
Frederick A. Henderson
Headquarters
300 Renaissance Center, Detroit, MI 48265
Phone
313-556-5000
Fax
313-556-5108
Investor Relations
313-667-1669
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