UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 5, 2008 (December 5, 2008)
GMAC LLC
(Exact name of registrant as specified in its charter)
| Delaware | 1-3754 | 38-0572512 | ||
| (State or other jurisdiction | (Commission File Number) | (IRS Employer | ||
| of incorporation) | Identification No.) |
| 200 Renaissance Center |
| P.O. Box 200 Detroit, Michigan |
| 48265-2000 |
| (Address of principal executive offices) (Zip Code) |
Registrant’s telephone number, including area code: (313) 556-5000
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of |
|
the registrants under any of the following provisions: |
| ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events
Private Exchange Offers
On December 5, 2008, GMAC LLC (“GMAC”) amended the terms of its private exchange offers and cash tender offers to purchase and/or exchange certain of its and its subsidiaries’ outstanding notes (the “GMAC offers”) and certain of Residential Capital, LLC’s (“ResCap”) outstanding notes. Among other things, the amendment extends the withdrawal date and early delivery time to 5 p.m., New York City time, on Tuesday, December 9, 2008 and alters the consideration to be issued to holders of GMAC’s 8.000% notes due 2031 in the GMAC offers to eliminate the 8.000% subordinated notes due 2018.
The press release attached as Exhibit 99.1 hereto is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit | ||
| No. | Description of Exhibit | |
| 99.1 | Press release issued December 5, 2008. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 5, 2008
| GMAC LLC | ||
| By: | /s/ David J. DeBrunner | |
| David J. DeBrunner | ||
| Vice President, Chief Accounting Officer and Controller | ||
EXHIBIT INDEX
| Exhibit | ||
| No. | Description of Exhibit | |
| 99.1 |
Press release issued December 5, 2008. |