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GREEN TREE ACCEPTANCE ANNOUNCES EXTENSION OF EXCHANGE OFFER

 GREEN TREE ACCEPTANCE ANNOUNCES EXTENSION OF EXCHANGE OFFER
 ST. PAUL, Minn., Feb. 12 /PRNewswire/ -- Green Tree Acceptance, Inc. (NYSE: GNT) announced today that it has determined to extend the date on which its outstanding exchange offer expires to Feb. 26, 1992. Tenders of each $1,000 principal amount of the 8-1/4 percent Senior Subordinated Debentures due June 1, 1995, in exchange for each $1,000 principal amount of the 9 percent Senior Subordinated Notes due June 1, 1999, as described in the Prospectus dated Jan. 10, 1992, must be received by First Wisconsin Trust Company, the Exchange Agent by 5 p.m., New York City time, on such extended expiration date.
 As of Feb. 11, 1992, approximately $52,508,000 of the 8-1/4 percent Debentures had been tendered to the Exchange Agent.
 -0- 2/12/92
 /CONTACT: John W. Brink of Green Tree Acceptance, 612-293-3400, or D.F. King & Co., Inc., 1-800-669-5550 or 212-269-5550 (collect)/
 (GNT) CO: Green Tree Acceptance, Inc. ST: Minnesota IN: FIN SU: OFR


DS -- MN004 -- 9112 02/12/92 09:21 EST
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Publication:PR Newswire
Date:Feb 12, 1992
Words:178
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