GM set to price huge bond deal Thursday -source

Newswire

LONDON, June 26 (Reuters) - U.S. auto giant General Motors Corp. will price its record multi-currency bond sale during the European afternoon on Thursday, a banking source close to the deal said. "The deal will all price today," the source said. GM plans to raise around $16.5 billion via a variety of instruments, including straight and convertible bonds denominated in dollars, euro and sterling. Around $4.5 billion worth of the funding will be raised via financing arm General Motors ...

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