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GMAC $4.0 BILLION SENIOR DEBT SHELF REGISTRATION RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 GMAC $4.0 BILLION SENIOR DEBT SHELF REGISTRATION RATED 'A+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Feb. 13 /PRNewswire/ -- General Motors Acceptance Corp.'s (GMAC) $4 billion senior debt shelf registration 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- 2/13/92
 /CONTACT: Nancy E. Stroker, CFA, 212-908-0533, or Valerie Gerard, 212-908-0500, both of Fitch/ CO: General Motors Acceptance Corp. ST: Michigan IN: FIN SU: RTG


JT -- NY103 -- 9936 02/13/92 16:35 EST
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Publication:PR Newswire
Date:Feb 13, 1992
Words:107
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