General Motors Financial Co. Inc. priced its offering of 2.800% senior unsecured notes due Sept. 20, 2023, and 3.750% senior unsecured notes due Sept. 20, 2027.
Both notes will pay interest on a semiannual basis, with the first payment March 20, 2020. GM Financial can fully redeem both sets of notes starting Sept. 20, 2020, and on the interest dates thereafter with 30 calendar days' notice.
The trade date of the notes is Sept. 16, while the settlement date is Sept. 19.
Incapital LLC is the purchasing agent of the offering. BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets and Wells Fargo Advisors are the agents.
