{"id":135339,"date":"2010-01-04T09:30:31","date_gmt":"2010-01-04T14:30:31","guid":{"rendered":"http:\/\/www.autoevolution.com\/news\/gmac-gets-379bn-from-the-us-treasury-15030.html"},"modified":"2010-01-04T09:30:31","modified_gmt":"2010-01-04T14:30:31","slug":"gmac-gets-3-79bn-from-the-us-treasury","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/135339","title":{"rendered":"GMAC Gets $3.79Bn from the US Treasury"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.autoevolution.com\/images\/news\/gmac-gets-379bn-from-the-us-treasury-15030-3.jpg\" align=\"left\" style=\"margin-right: 10px;\" \/>Following several months of uncertainty and one change in management, GMAC Financial Services announced it has received an infusion of $3.7 billion from the US Treasury, in the form of capital actions. The Treasury will purchase $2.54 billion of trust preferred securities, with a coupon of 8 percent, and $1.25bn of mandatory convertible preferred securities (MCP), with a coupon of 9 percent, just-auto.com reported.<\/p>\n<p> The support given by the Treasury will help GMAC improve its finan&#8230; (<a href=\"http:\/\/www.autoevolution.com\/news\/gmac-gets-379bn-from-the-us-treasury-15030.html\">read more<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following several months of uncertainty and one change in management, GMAC Financial Services announced it has received an infusion of $3.7 billion from the US Treasury, in the form of capital actions. The Treasury will purchase $2.54 billion of trust preferred securities, with a coupon of 8 percent, and $1.25bn of mandatory convertible preferred securities [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-135339","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/135339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=135339"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/135339\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=135339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=135339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=135339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}