trending Market Intelligence /marketintelligence/en/news-insights/trending/ITeZcsF_6mtSUUp8UYjGag2 content esgSubNav
In This List

Ally Financial prices senior notes offering

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Ally Financial prices senior notes offering

Ally Financial Inc. priced its offering of 2.650% senior unsecured notes due Sept. 15, 2022, with principal of $1.0 million, and 2.750% senior unsecured notes due Sept. 15, 2024, with principal of $190,000.

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

The trade date of the notes was Sept. 23 and the settle date is Sept. 26.

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