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AmeriCredit to Offer $200 Million Private Senior Unsecured Debt

AmeriCredit announced its intention to offer privately, subject to market and other conditions, $200 million aggregate principal amount of senior notes to certain qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

by Staff
June 22, 2007
1 min to read


Fort Worth, Texas — AmeriCredit announced its intention to offer privately, subject to market and other conditions, $200 million aggregate principal amount of senior notes to certain qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.


AmeriCredit plans to use the net proceeds from the offering of the notes for general corporate purposes, potentially including the repayment of its 1.75 percent convertible senior notes due in 2023, which are first callable in November 2008.

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This notice does not constitute an offer to sell or a solicitation of an offer to buy securities. Any offers of the securities will be made only by means of a private offering circular. The notes have not been registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction and may not be offered or sold absent registration or an applicable exemption from registration requirements.


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