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GMAC $500 MILLION 7-3/4 PERCENT SENIOR NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 GMAC $500 MILLION 7-3/4 PERCENT SENIOR NOTES RATED 'A+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, April 8 /PRNewswire/ -- General Motors Acceptance Corp.'s (GMAC) $500 million 7-3/4 percent senior notes due April 15, 1997, are 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- 4/8/92 R
 /CONTACT: Nancy E. Stroker of Fitch, 212-908-0533/
 (GM) CO: General Motors Acceptance Corp. ST: Michigan IN: FIN AUT SU: RTG


GK -- NY077R -- 6350 04/08/92 14:38 EDT
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Publication:PR Newswire
Date:Apr 8, 1992
Words:109
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