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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item
Published on 1/8/2009 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

GMAC makes early repurchase of several notes series

By Jennifer Chiou

New York, Jan. 8 - GMAC International Finance announced the early repurchase of €594.07 million of the €1.5 billion of 5 3/8% notes due 2011 (XS0187751150), €456.48 million of the €1 billion of 5¾% notes due 2010 (XS0177329603) and €225.68 million of the €1.25 billion of 4¾% notes due 2009 (XS0200959970) of GMAC LLC.

The company also bought back $309.19 million of ISIN XS0175560262.

GMAC is a Detroit-based diversified financial services company.


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