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PR Newswire

Ally Financial Repays $2.9 Billion of Debt Issued under TLGP

DETROIT, Oct. 31, 2012 /PRNewswire/ -- Ally Financial Inc. (Ally) today announced it has repaid $2.9 billion in debt issued under the FDIC's Temporary Liquidity Guarantee Program (TLGP). The company issued this debt on Oct. 30, 2009 with a maturity date of Oct. 30, 2012. "The TLGP...