GMAC sets price talk on 2-part euro bond -sources


LONDON, Sept 22 (Reuters) - Preliminary price guidance for the 2.0 billion euro two-part bond sale for General Motors Acceptance Corp., the funding arm of U.S. auto giant General Motors , emerged on Monday, market sources said. GMAC is expected to sell a 1.0 billion euro three-year fixed-rate bond at 160 to 165 basis points over benchmark swaps, the sources said. It is expected to sell a 1.0 billion euro seven-year bond at around 195 basis points over swaps, they said. BNP Paribas, ...

Premium Content (PAID Subscription Required)

"GMAC sets price talk on 2-part euro bond -sources" 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) ×