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General Motors: 1991 Equity Financing

Eades, Kenneth M.

Case

General Motors: 1991 Equity Financing

Eades, Kenneth M.

F-1109 | Published November 16, 1995 | 14 pages Case

Collection: Darden School of Business

Product Details

Bob O'Connell, CFO of General Motors, is considering a variety of equity alternatives to fund a large shortfall over the next couple of years. His tasks are to map out a financing strategy for the long term and to choose the equity instrument to be issued immediately. Of particular interest to O'Connell is a new security called PERCS (preferred equity redemption cumulative stock).

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