GM <GM> UNIT OFFERS 500 MLN DLRS OF NOTES
General Motors Acceptance Corp, a unit
of General Motors Corp, is raising 500 mln dlrs via offerings 
of 300 mln dlrs of notes due 1990 and 200 mln dlrs of notes due
1994, said lead manager Merrill Lynch Captial Markets.
    The three-year notes have a 7-1/4 pct coupon and were
priced at 99.682 to yield 7.37 pct, or 52 basis points over
comparable Treasury securities.
    The seven-year notes were priced at 99.473 with an eight
pct coupon to yield 8.10 pct, or 71 points over Treasuries.
    Both issues are non-callable for life and are rated AA-1 by
Moody's Investors and AA by Standard and Poor's.
 Reuter
