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BMW Finance Sells $239M Notes

BMW Finance has raised a total of $239.3 million in a two part sale of notes.

BMW Finance has raised a total of $239.3 million in a two part sale of notes, Reuters reports. The first tranche includes bonds worth $89.7 million, which are due on July 21, 2012.

The firm has also sold securities worth $149.6 million, which will mature on Jan. 21, 2013. All the bonds of BMW Finance will be guaranteed by parent company, BMW.

Click here for the story from Reuters.

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