General Motors, GMAC sell $6.25 billion bonds


NEW YORK, June 26 (Reuters) - General Motors Corp. and its finance unit on Thursday sold $6.25 billion of dollar-denominated bonds, part of an expected $17 billion multi-currency debt sale, the largest ever by a corporation. GM sold $1 billion of 10-year notes yielding 375 basis points more than Treasuries. It also sold $1.25 billion of 20-year bonds, $250 million more than expected, yielding 383 basis points more than Treasuries, and $3 billion of 30-year bonds yielding 400 basis points ...

Premium Content (PAID Subscription Required)

"General Motors, GMAC sell $6.25 billion bonds" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×