trending Market Intelligence /marketintelligence/en/news-insights/trending/6skwxkmutn5nqryvw2fzzw2 content esgSubNav
In This List

Ally Financial prices senior notes

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade

Blog

Middle East Africa MA by the Numbers: Q3 2021

Blog

Banking Essentials Newsletter: November Edition 2021 - Part 2


Ally Financial prices senior notes

Ally Financial Inc. priced two series of its senior unsecured notes.

The company's offering of 3.800% series A term notes due Oct. 15, 2021, has a principal amount of $316,000, and its offering of 4.150% series A term notes due Oct 15, 2023, has a principal amount of $186,000.

The notes will be sold at 100% of the aggregate principal amount of the notes. Interest on both series of notes will be paid monthly, beginning Nov. 15.

The specialty finance company will issue the notes in minimum denominations of $1,000 and increments of $1,000.

The trade date for the offerings is Oct. 9, and the settlement date is Oct. 12.

Incapital LLC, Citigroup, RBC Capital Markets, Morgan Stanley and J.P. Morgan are acting as agents for the offerings.