UPDATE 1-GMAC-RFC sets guidance on UK home loan bond-source


(Adds details, background) By Bei Bei She LONDON, May 23 (Reuters) - GMAC-RFC set price guidance on a multi-currency British home loan backed bond worth 1.0 billion pounds ($1.84 billion), a source close to the deal said on Monday. This is the first bond sale by the mortgage unit of General Motors Acceptance Corp since Standard & Poor's cut the credit ratings of finance company GMAC and car making parent General Motors to sub-investment grade on May 5. With "junk" ratings, ...

Premium Content (PAID Subscription Required)

"UPDATE 1-GMAC-RFC sets guidance on UK home loan bond-source" 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!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×