Residential Capital Corp., the Minneapolis-based parent company of GMAC Mortgage and other residential finance companies, has filed a $12 billion shelf registration statement with the Securities and Exchange Commission for the potential issuance of senior and subordinated debt securities.Any senior notes issued under the shelf, which has not been declared effective by the SEC, would be guaranteed by certain of ResCap's subsidiaries, the real estate finance company said. ResCap said it intends to use the proceeds to repay all affiliated borrowings "on an expedited basis." The company can be found on the Web at http://www.rescapholdings.com.
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