GM U.S. dollar bond sale size announced - sources

Newswire

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 ...

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