The U.S. government will likely forgive the $19.4 billion already loaned to the Michigan automaker.
The government's $49.4 billion investment in GM will likely net a 72.5 percent stake in the new company - a 1 percent larger share than originally predicted. However, that stake could be reduced to 55 percent, depending on options exercised by the UAW.
GM's bondholders recently agreed to a new debt-for-equity swap that could see up to 25 percent of the new GM owned by lenders. Holders of $27 billion of GM debt will initially be given a 10 percent cut of the new company, with warrants to buy an additional 15 percent.