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Ally Financial prices senior notes offering

Ally Financial Inc. priced its offering of 2.350% senior unsecured notes due Dec. 15, 2022, and 2.650% senior unsecured notes due Dec. 15, 2024.

Both sets of notes will make interest payments on a monthly basis, with the first payments to be made Jan. 15, 2020. Ally can fully redeem both classes of notes starting Dec. 15, 2020, and on a monthly basis thereafter with 30 days notice.

The trade date of the notes is Dec. 16, while the settle date is Dec. 19.

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