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ResCap Prepays GMAC Debt

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05-21-2006, 06:13 AM

Veronica Corningstone Veronica Corningstone is offline

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ResCap Prepays GMAC Debt

Residential Capital Corp. announced today it "has repaid all domestic and international inter-company borrowings from its parent company, General Motors Acceptance Corp." The prepayment of the inter-company debt was made six months ahead of its goal.

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05-22-2006, 01:20 PM

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