NEW YORK, May 18 (Reuters) - General Motors Corp.'s finance arm General Motors Acceptance Corp. plans to sell $1 billion of five-year global notes, joint lead manager Banc of America Securities said on Tuesday. Citigroup Global Markets and J.P. Morgan are also managing the sale, expected to be priced later on Tuesday. GMAC is rated "BBB" by Standard & Poor's, its second-lowest investment grade rating, and "A3," roughly two notches higher, by Moody's Investors Service.
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