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Prospect News home > News index > List of issuers A > Headlines for AmeriCredit Corp. > News item |
Fitch rates AmeriCredit convertibles BB-
Fitch Ratings said it assigned a BB- rating to AmeriCredit Corp.'s $250 million 0.75% senior unsecured convertible notes due 2011, convertible at $28.07, and $250 million 2.125% senior unsecured convertible notes due 2013, convertible at $30.51.
The outlook is positive.
Proceeds will be used for share repurchases and general corporate purposes, the agency said.
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