LONDON, Feb 26 (Reuters) - General Motors Acceptance Corp., the financing arm of U.S. auto maker General Motors , will launch a one-billion-euro bond due in June 2011, the banks managing the deal said on Thursday.
Deutsche Bank, Dresdner Kleinwort Wasserstein and UBS will be lead managing the deal.
A market source said the bond will be priced to yield around 165 basis points over mid-swaps. Another source said pricing is expected mid-afternoon on Thursday.