GMAC Financial Services Says It Offers $2.9 Bln Of Guaranteed Debt

Posted Thursday, October 29, 2009 -
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Bank holding company GMAC Financial Services Wednesday announced that it has priced an offering for $2.9 billion of senior fixed rate notes guaranteed by the Federal Deposit Insurance Corp., or FDIC, pursuant to the FDIC Temporary Liquidity Guarantee Program, or TLGP. The company noted that the notes are due in October 2012.view original article

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