GM to return to bond marketsas Ford, TMCC line up $ deals

April 17, 1998 12:00 am

GENERAL Motors looks set to launch a $2bn plus global bond as early as next week, the Detroit car company's first offshore dollar issue for 10 years, and a harbinger of other transactions from the auto and finance sectors. Also shattering this week's calm in the dollar markets will be Ford Motor Credit with a $2.5bn global bond, and Toyota Motor Credit with a $1bn Eurobond.

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