UPDATE 2-Struggling ResCap says $9.5 bln of bonds tendered


(Adds analyst and ResCap comments, other details, paragraphs 2-3, 5-7, 11-12, 15; adds byline) By Jonathan Stempel BANGALORE, May 22 (Reuters) - GMAC LLC's money-losing mortgage unit said investors have tendered about $9.5 billion of bonds as part of a restructuring designed to help it avoid running short of cash. The sum is about two-thirds of the $14 billion of debt that the unit, Residential Capital LLC, offered this month to exchange or buy back. That exchange was intended to let ...

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