NEW YORK, June 25 (Reuters) - General Motors Corp. on Wednesday trimmed expected yields on the dollar portion of a multi-tranche bond offering, market sources said. GM is expected to sell $1 billion of 10-year notes yielding 375 to 380 basis points more than Treasuries, versus originally expected yields of about 400 basis points more than Treasuries. It is also expected to sell $1 billion of 20-year bonds yielding 383 to 408 basis points more than Treasuries, down from 400 to 412.5 basis ...
Premium Content (PAID Subscription Required)
"GM trims yields on US dollar portion of bond sale" 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