General Motors unit sells $2.5 bln bonds


NEW YORK, Aug 22 (Reuters) - General Motors Corp.'s finance arm on Thursday sold $2.5 billion of bonds, 25 percent more than planned, an official for co-lead manager Banc of America Securities LLC said. Nearly record-low U.S. Treasury yields helped General Motors Acceptance Corp., part of the world's largest automaker, offer roughly the same yields on its five- and 10-year notes as it paid out in a similar January sale, even though auto bonds have since lagged. GMAC benefited from ...

Premium Content (PAID Subscription Required)

"General Motors unit sells $2.5 bln 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) ×