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Ally Financial offers notes due 2022, 2024

Ally Financial Inc. is offering two tranches of series A senior unsecured notes due March 15, 2022, and March 15, 2024, respectively.

The notes due 2022 will pay interest of 3.70%, while the notes due 2024 will pay interest of 3.95%.

Both offerings are expected to close on March 18.

Incapital LLC, Citigroup Global Markets Inc., RBC Capital Markets LLC, Morgan Stanley & Co. LLC and JP Morgan Securities LLC are the underwriters for both offerings.