WASHINGTON, Sept 30 (Reuters) - General Motors' financing arm General Motors Acceptance Corp. filed with U.S. regulators on Tuesday to sell over time up to $15 billion worth of notes. GMAC said it would use proceeds for general corporate purposes including adding to its general funds and to be available for the purchase of receivables, making loans or debt repayment, according to the Securities and Exchange Commission filing. The "Smartnotes" will be due from nine months to 30 years from ...
Premium Content (PAID Subscription Required)
"GMAC files $15 bln shelf offering for notes" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.