GM debt issue spurs deal talk for other firms

Article Abstract:

General Motors Corp. has unveiled a major debt offering that could raise $13 billion for the company. The offering could drive other major firms to exploit near-record low interest rates for their pension plans.

General Motors Corp., GM, Automotive industry

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ABB decides to cancel plan to issue U.S. shares

Article Abstract:

ABB has terminated plans to sell off six million shares in the United States. The company blamed the cancellation on market turmoil.

Diversified Companies, ABB Asea Brown Boveri Ltd.

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Dow Chemical taps the market as issuance slows

Article Abstract:

Dow Chemical Co. has sold seven-year bonds at a value of 400 million euros. The bonds were sold at a yearly coupon of 4.375%.

Chemical industry, Bonds, Bonds (Securities), Dow Chemical Co. (Midland, Michigan), DOW

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