Fort Worth, Texas-based General Motors Financial Co. Inc. priced an offering of $1.25 billion of its 2.900% senior notes due Feb. 26, 2025.
The notes have a public offering price of 99.874% plus accrued and unpaid interest, if any, from Jan. 9.
Interest on the notes will be paid Feb. 26 and Aug. 26 of each year, starting Aug. 26.
The trade date of the notes was Jan. 6, and the settlement date is Jan. 9.
BofA Securities Inc., Banco Bradesco BBI SA, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and NatWest Markets Securities Inc. are the joint book-running managers for the offering. CIBC World Markets Corp., Santander Investment Securities Inc., SunTrust Robinson Humphrey Inc., CastleOak Securities LP and Samuel A. Ramirez & Co. Inc. are co-managers.