NEW YORK, June 25 (Reuters) - Sizes and maturities for General Motors Corp.'s $5 billion dollar-denominated portion of its jumbo bond sale were confirmed on Wednesday, market sources said.
The dollar-denominated tranches will include $1 billion of 10-year notes, $1 billion of 20-year bonds and $3 billion of 30-year bonds, according to market sources.
Citigroup, Merrill Lynch & Co. and Morgan Stanley are managing those tranches of the sale. Proceeds from the sale, expected as early as Thursday, will help shore up the company's underfunded pension obligations,
The offering will also include euro and sterling tranches and about $3.5 billion in convertible securities. GM's finance unit, General Motors Acceptance Corp., is expected to sell about $3 billion equivalent of euro and denominated-debt, including $1 billion of three-year fixed-rate debt, market sources said.