UPDATE 2-GM's $16.5 bln bond oversubscribed


(Recasts, updates amount, adds background, details) By Dena Aubin NEW YORK, June 25 (Reuters) - Strong investor demand allowed General Motors Corp. to trim yields on a $16.5 billion bond sale, lowering borrowing costs on the largest ever combined corporate bond and convertible securities sale by a U.S. company. Investor bids for the offering totaled at least $30 billion, investors and analysts said on Wednesday. The multi-currency bond sale was increased in size from an expected $13 ...

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