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GMAC $500 MILLION 7.75 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 GMAC $500 MILLION 7.75 PERCENT NOTES RATED 'A+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Jan. 8 /PRNewswire/ -- General Motors Acceptance Corp.'s (GMAC) new issue of $500 million 7.75 percent notes due Jan. 15, 1999, is rated 'A+' by Fitch. Despite pressures in its parent's operations, GMAC continues to post strong and consistent earnings of more than $1 billion annually. The company enjoys strong capitalization, a liquid asset mix and solid business position.
 -0- 1/8/92
 /CONTACT: Nancy E. Stroker, CFA, 212-908-0533, or Valerie Gerard, 212-908-0500, both of Fitch/
 (GM) CO: General Motors Acceptance Corp. ST: Michigan IN: AUT SU: RTG


JT -- NY122 -- 7954 01/08/92 16:44 EST
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Publication:PR Newswire
Date:Jan 8, 1992
Words:114
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