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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642