GMAC 7.3% PINES (Public Income Notes) (Ally)
By: Tim McPartland,
S&P Rating B+ Moodys Rating B1
Security Ticker Symbol GMA
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Market Traded ON NYSE
Interest Payment Paid on the 9th of March, June, September and December beginning on 06/09/2001
Quarterly Interest .455 Annual Interest 1.825
Securities may be redeemed, at the issuers option, as early as 03/09/2006 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they do not qualify for preferential tax rates.
Maturity Date 03/09/2031
Company Investor Relations Page for GMAC
Below you can find the offering Prospectus and or final pricing documents
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
