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GMAC REDEEMS 8-1/8-PERCENT DEBENTURES

 GMAC REDEEMS 8-1/8-PERCENT DEBENTURES
 DETROIT, June 15 /PRNewswire/ -- General Motors Acceptance


Corporation announced today that it will exercise its option to redeem on July 15, 1992, all of its outstanding 8-1/8-percent debentures due to mature Oct. 15, 1996. The debentures will be redeemed at 100.50 percent of their principal amount plus accrued interest.
 The debentures were sold in October 1976 in the principal amount of $250 million, all of which are presently outstanding.
 The debentures may be presented and surrendered for payment to Morgan Guaranty Trust Company of New York, Corporate Trust Operations Department, Tellers and Mail Unit, 55 Exchange Place, Basement A, New York, New York 10260-0023. Interest on the debentures will cease to accrue on and after July 15, 1992.
 -0- 6/15/92
 /CONTACT: Chris Rutkowski of GMAC, 313-974-1223/
 (GM) CO: General Motors Acceptance Corporation ST: Michigan IN: FIN AUT SU:


DH -- DE027 -- 0273 06/15/92 15:04 EDT
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Publication:PR Newswire
Date:Jun 15, 1992
Words:156
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