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Newswire

GMAC expected to sell $2.9 bln 3-yr note issue-IFR

NEW YORK, Oct 28 (Reuters) - General Motors Acceptance Corp (GMAC) is expected to sell a $2.9 billion three-year government-guaranteed note issue as soon as today, said IFR, a Thomson Reuters service on Wednesday.

GMAC is the traditional lender to General Motors Co. (Reporting by John Parry and Walden Siew; Editing by James Dalgleish)