AmeriCredit says $500 mln repurchase facility extended

Newswire

Aug 16 (Reuters) - Auto finance company AmeriCredit Corp. said its $500 million repurchase facility structured by Barclays Capital has been extended. The facility, used to finance the repurchase of receivables from securitization deals that have reached the 10 percent clean-up call, matures in August 2008, the company said in a statement. (Reporting by Tenzin Pema in Bangalore)

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