GMAC Goes for $1B HY Drive-By
GMAC will reportedly issue between $500 million and $1 billion in senior notes due 2015
February 9, 2010
GMAC plans to price as much as $1 billion in junk bonds as early as today in an effort to refinance or retire existing debt.
The full article is available to IDD Magazine subscribers only
Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.
