GENERAL MOTORS ACCEPTANCE CORP
424B3, 1999-05-20
PERSONAL CREDIT INSTITUTIONS
Previous: GENERAL ELECTRIC CO, SC 13D, 1999-05-20
Next: HALLIBURTON CO, 8-K, 1999-05-20



Revised Pricing Supplement Dated May 13, 1999                   Rule 424(b)(3)
(To Prospectus Dated April 22, 1999)                        File No. 333-76483

                     GENERAL MOTORS ACCEPTANCE CORPORATION
                       Medium-Term Notes - Floating Rate
____________________________________________________________________________
Agent:                       Lehman Brothers
Principal Amount:            $100,000,000.00
Agent's Discount
  or Commission:             $220,000.00
Net Proceeds to Company:     $99,780,000.00
Initial Interest Rate:       Reset on the Issue Date (also an Interest
                             Reset Date).
Issue Date:                  05/18/99
Maturity Date:               05/28/04
____________________________________________________________________________
Calculation Agent:  GMAC
Interest Calculation:
      /X/  Regular Floating Rate Note
      Interest Rate Basis: / / CD Rate             / / Commercial Paper Rate
                           / / Prime Rate          / / Federal Funds Rate
                           /X/ LIBOR (see below)   / / Treasury Rate
                           / / Other
                           (see attached)
      If LIBOR, Designated LIBOR Page / / Reuters Page: / / or 
        /X/ Telerate Page: 3750

Interest Reset Dates:   Each February 28, May 28, August 28, and November 28. 
                        The first interest reset date will be May 18, 1999.  
                        The final reset date will be February 28, 2004.
Interest Payment Dates: Each February 28, May 28, August 28, and November 28
                        commencing August 30, 1999 and ending May 28, 2004.
Index Maturity:         3 Months
Spread (+/-):           +.25%

Day Count Convention:
      /X/ Actual/360 for the period from 05/18/99 to 05/28/04  
      / / Actual/Actual for the period from  / /   to  / /  
      / / 30/360 for the period from  / /   to  / /  
Redemption:
      /X/ The Notes cannot be redeemed prior to the Stated Maturity Date.
      / / The Notes may be redeemed prior to Stated Maturity Date.
      / / Initial Redemption Date:
          Initial Redemption Percentage: ___%
          Annual Redemption Percentage Reduction:  ___% until Redemption
          Percentage is 100% of the Principal Amount.
Repayment:
      /X/ The Notes cannot be repaid prior to the Maturity Date.
      / / The Notes can be repaid prior to the Maturity Date at the option of
          the holder of the Notes. (See Below)
      / / Optional Repayment Date(s):
          Repayment Price:    %
Currency:
      Specified Currency: U.S. (If other than U.S. dollars, see attached)
      Minimum Denominations: ___________ (Applicable only if Specified
      Currency is other than U.S. dollars)
Original Issue Discount:  / / Yes     /X/ No
      Total Amount of OID:            Yield to Maturity:
      Initial Accrual Period:
Form:  /X/  Book-Entry              / /  Certificated
Other: /X/  Principal               / /  Agent

 

 
 



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission