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Published on 3/24/2006 in the Prospect News High Yield Daily.

AmeriCredit to redeem all 9¼% notes due 2009

By Angela McDaniels

Seattle, March 24 - AmeriCredit Corp. will redeem all $154.55 million outstanding of its 9¼% senior notes due 2009, according to an 8-K report filed with the Securities and Exchange Commission on Thursday.

The redemption date is expected to be May 9, and the company will pay 104.625% plus accrued interest through the redemption date.

AmeriCredit is a Fort Worth, Texas-based finance company.


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