Auto and mortgage lender GMAC on Wednesday priced a $4.5 billion two-part note sale, its first debt issue backed by the Federal Deposit Insurance Corp.
GMAC originally launched the deal at $4.25 billion, but later increased the size due to high demand for bonds issued under the government's Temporary Liquidity Guarantee Program
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June
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- Worst of Crisis May Be Yet to Come: IMF Chief
- Cashin: 'Jobless Recovery' Poses Threat to Markets
- Pros Say: Recovery Has a Lot More Upside
- Microsoft, Adobe warn of critical security flaws
- TARP Repayments Stir Debate: Is Financial Crisis F...
- Fiat To Close Chrysler Deal Shortly, Shares Jump
- Citi Makes $58 Billion Swap Deal With Government
- Global Airline Losses to Hit $9 Billion in 2009: I...
- Barclays in $12 Billion BGI Talks with BlackRock
- Obama Promises More than 600,000 Stimulus Jobs
- For Investors, Better-Than-Bad No Longer Good Enough
- Stocks Rise for a Third Straight Week
- S&P lowers CBS rating to 'BBB-'
- Riviera Holdings voluntarily delists stock
- Shares of Cascade sink on disappointing 1Q results
- Imax raises $70 mln in share offering
- Ford Canada wants new deal with CAW
- Qwest Long Distance Business Gets Disappointing Bids
- Asian Markets Mostly Higher; Rio, BHP Deal Lifts R...
- Euro Shares Close Higher on US Jobs, Rio
- Rio Tinto scraps Chinalco deal
- GM to sell Saturn to Penske
- Dollar gains on euro, yen
- Oil touches $70 and then backs down
- Wall Street rises, Wal-Mart boosts Dow
- Stocks Hold Above Water After Jobs Report
- Recession-Tracking Panel Says `Way Too Early' to D...
- Intel to Buy Software Firm Wind River for $884 Mil...
- Reserve Bank of Australia: Scope for More Rate Cuts
- Developing Market Investors Ride Wave Of Optimism
- GMAC Sells $4.5 Billion in FDIC-Backed Bonds
- Oil Outlook: Dollar Movement is Biggest Indicator
- As US Dollar Tumbles Further, Here's What Investor...
- Retail Sales Are Falling Short of Estimates
- Wal-Mart to Add 22,000 Jobs at US Namesake Stores
- European Interest Rate Held at 1%, as Expected
- GOP Readies Offensive on Regulatory Reform Front
- GM Agrees to Sell Most of Opel, Other Euro Assets ...
- US Court to Hear Appeal on Chrysler's Sale to Fiat
- Euro Zone Factory Pain Eases, Hints at Pick-Up
- BOJ Kamezaki: Huge Bond Issuance May Push Up Yields
- Hummer Finds a Buyer in Chinese Machinery Company
- After Two-Year Slide, REITs Showing Signs of Recov...
- Most Companies Aren't Ready To Start Hiring Again:...
- AIG Asset Management Unit Attracts Asia Investors
- China's CIC Ploughing $1.2 Billion into Morgan Sta...
- RBA Holds Rates at 3%, But Has Room to Ease
- Australia Dodges Recession, Becomes Rare Breed
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Thursday, June 4, 2009
