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GMAC REDEEMS 8-3/4 PERCENT DEBENTURES

 GMAC REDEEMS 8-3/4 PERCENT DEBENTURES
 DETROIT, Aug. 14 /PRNewswire/ -- General Motors Acceptance


Corporation (GMAC) announced today that it will exercise its option to redeem on Sept. 15, 1992, all of its outstanding 8-3/4 percent Debentures due to mature June 15, 2001. The Debentures will be redeemed at 101.70 percent of their principal amount plus accrued interest.
 The Debentures were sold in June 1976 in the principal amount of $200 million, of which $150 million 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, NY 10260-0023. Interest on the Debentures will cease to accrue on and after Sept. 15, 1992.
 -0- 8/14/92
 /CONTACT: Chris Rutkowski of GMAC, 313-974-1223/
 (GM) CO: General Motors Acceptance Corporation ST: Michigan IN: AUT FIN SU:


JG -- DE013 -- 0038 08/14/92 13:15 EDT
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Publication:PR Newswire
Date:Aug 14, 1992
Words:159
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