Printer Friendly

GMAC $6.0 BILLION MEDIUM TERM NOTE SHELF RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

    GMAC $6.0 BILLION MEDIUM TERM NOTE SHELF RATED 'A+' BY FITCH
                     -- FITCH FINANCIAL WIRE --
    NEW YORK, Feb. 21 /PRNewswire/ -- General Motors Acceptance Corp.'s (GMAC) $6 billion medium term note 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-                   2/21/92
    /CONTACT:  Nancy E. Stroker, 212-908-0533 or Valerie Gerard, 212-908-0500, both of Fitch/
    (GM) CO:  General Motors Acceptance Corp. ST:  Michigan IN:  AUT FIN SU:  RTG SM -- NY050 -- 1454 02/21/92 14:49 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 21, 1992
Words:109
Previous Article:GROUP HEALTH ASSOCIATION OF AMERICA TO HOLD 15TH ANNUAL HMO MANAGED CARE POLICY CONFERENCE, FEB. 23-25
Next Article:RAYTHEON UNIT STUDIES COMMERCIAL DEVELOPMENT OF ADEN PORT FOR YEMEN FREE ZONES PUBLIC AUTHORITY
Topics:


Related Articles
GMAC $500 MILLION 7.75 PERCENT NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
GMAC $4.0 BILLION SENIOR DEBT SHELF REGISTRATION RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
GMAC NETHERLANDS, AUSTRALIA UNITS ECU 'MTNs' RATED 'A+' BY FITCH --FITCH FINANCIAL WIRE (FFW)--
HOUSEHOLD FINANCE $250 MILLION NOTES RATED 'AT' BY FITCH -- FITCH FINANCIAL WIRE --
GMAC $500 MILLION FLOATING RATE NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
GMAC $500 MILLION 7 PERCENT NOTES DUE 2002 RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
HOUSEHOLD FINANCE $1.5 BILLION SHELF DEBT RATED 'A+/A' BY FITCH -- FITCH FINANCIAL WIRE --
COMMERCIAL CREDIT $807.8 MILLION SHELF DEBT RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --
GMAC $500M 8-1/2 PERCENT SENIOR NOTES RATED 'A+,' ON FITCHALERT NEGATIVE -- FITCH FINANCIAL WIRE --
GMAC Mortgage Receives Highest Ratings as Primary Servicer from Fitch Ratings.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters