GM plans multi-tranche multi-currency bond-investor

Newswire

LONDON, June 24 (Reuters) - U.S. auto giant General Motors Corp. plans to launch a multi-tranche bond sale later this week, as part of a $13 billion fundraising effort to cover pension shortfalls, bankers and investors said on Tuesday. Initial price talk suggests GM plans to sell a 10-year dollar bond priced to yield around 400 basis points over U.S. Treasuries, a 20-year dollar bond priced at 400-412.5 basis points over 30-year Treasuries, and a 30-year dollar bond at 412.5-425 basis ...

Premium Content (PAID Subscription Required)

"GM plans multi-tranche multi-currency bond-investor" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Jul 26, 2016
Datasheet
WardsAuto

WardsAuto 2016 Dealer F&I 150 (PDF)

U.S. top 150 dealerships ranked by F&l revenue for 2016. Includes dealership name, owner, city, state, new vehicle units, used vehicle units, total revenue, and finance and insurance revenue....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×