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General Motors unit sells $2.5 bln bonds

Newswire

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 ...

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