http://news.yahoo.com/s/ap/20081231/ap_on_bi_ge/gmac_financing]GMAC bondholders agree to swap $21.2B in debt (AP) [/URL]



AP - GMAC Financial Services said Wednesday that bondholders representing $21.2 billion of its debt have agreed to the terms of a debt-for-equity swap that was designed to help it raise enough capital to qualify for much-needed federal aid.