GMAC names banks for 3-yr, 7-yr euro bonds


LONDON, Sept 22 (Reuters) - General Motors Acceptance Corp (GMAC), the financing arm of U.S. automaker General Motors , plans to launch 1.0 billion euros of three-year and 1.0 billion euros of seven-year bonds, lead managers said on Monday. BNP Paribas, Deutsche Bank, UBS and WestLB have been mandated to manage the fixed-rate transactions, which will be launched as soon as possible. GMAC is rated A3 by Moody's Investors Service, BBB by Standard & Poor's and BBB+ by Fitch Ratings.

Premium Content (PAID Subscription Required)

"GMAC names banks for 3-yr, 7-yr euro bonds" 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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×