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Tag Archives: ally financial results
Ally Financial Repays $2.9 Billion of FDIC Debt
Ally Financial today announced it has repaid $2.9 billion in debt issued under the FDIC’s Temporary Liquidity Guarantee Program (TLGP). The bank holding company issued this debt on 30 October 2009 with a maturity date of 30 October 2012. The final Ally debt guaranteed under the TLGP will be repaid in December 2012 and totals $4.5 billion. Continue reading
Posted in auto news, economy, milestones, news analysis, results
Tagged ally financial results, auto informed, autoinformed.com, automotive news, fdic, Ken Zino, tarp
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