General Motors Acceptance Corp. will exercise its option to buy the remainder of the Capital Auto Receivables Asset Trust 2002-4 on Oct. 17, resulting in the termination of all of the outstanding Capital Auto 2002-4 Class A-4 2.64% Asset Backed Notes and Class B 2.62% Asset Backed Certificates. The notes, $589.9 million of which were sold to the public in September 2002, will be purchased for about $513 per $1,000 face amount, plus accrued interest from Sept. 15, 2005, General Motors Corp. ...
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