GM euro price talk revised on strong demand

Newswire

LONDON, June 25 (Reuters) - Price guidance for the euro tranches of General Motors Corp.'s multi-tranche, multi-currency bond deal has been revised due to strong demand, credit market analysts said on Thursday. GM is now expected to sell a one billion euro ten-year bond at around 340 basis points over mid-swaps, versus the 350-362.5 basis points originally announced, and a 1.5 billion euro 30-year bond at 380 basis points over mid-swaps, against 387.5-400 basis points earlier, the analysts ...

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