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GREEN TREE ACCEPTANCE ANNOUNCES EXTENSION OF EXCHANGE OFFER

 GREEN TREE ACCEPTANCE ANNOUNCES EXTENSION OF EXCHANGE OFFER
 ST. PAUL, Minn., Feb. 26 /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 March 13, 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 5:00 p.m., New York City time, on such extended expiration date.
 As of Feb. 26, 1992, approximately $37,000,000 of the 8 1/4 percent Debentures had been tendered to the Exchange Agent.
 For further information contact: John W. Brink, senior vice president, treasure and chief financial officer, 612-293-3400 or D.F. King & Co., Inc., Information Agent, 800-669-5550 or 212-269-5550 (collect).
 -0- 2/26/92
 /CONTACT: John Mackay of Padilla Speer Beardsley, 612-871-8877, for Green Tree Acceptance/
 (GNT) CO: Green Tree Acceptance, Inc. ST: Minnesota IN: FIN SU: OFR


AL -- MN017 -- 3031 02/26/92 18:11 EST
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Publication:PR Newswire
Date:Feb 26, 1992
Words:202
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