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General Motors Financial launches term notes program for retail investors

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General Motors Financial launches term notes program for retail investors

General Motors Financial Co. Inc. has launched GM Financial term notes, a program that offers medium-term notes to retail investors through broker/dealers and registered investment advisers.

The notes will be issued on a periodic basis, beginning in the third quarter, and will have maturities ranging from nine months to 30 years.

Incapital LLC will serve as purchasing agent for the program and oversee distribution of the notes.