Ally FinancialInc. entered into underwriting agreements with Barclays CapitalInc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., MerrillLynch Pierce Fenner & Smith Inc. and RBC Capital Markets LLC, as the namedunderwriters' representatives.
Pursuant to the agreements, the company agreed to sell tothe underwriters an additional $300 million aggregate principal amount of its5.750% subordinated notes due2025 and $600 million aggregate principal amount of 4.250% seniornotes due 2021, the company said in two separate Form 8-Ks filed April 11.
The agreements contain customary representations, warrantiesand covenants of Ally Financial, conditions to closing, indemnificationobligations of the company and the underwriters, and termination and othercustomary provisions.