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Ally Financial to price split-rated fixed-rate senior notes
By Devika Patel
Knoxville, Tenn., June 1 – Ally Financial Inc. intends to price a dollar-denominated offering of split-rated fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.
The notes have a make-whole call and then a par call.
Barclays, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and RBC Capital Markets Corp. are the bookrunners.
Proceeds will be used for general corporate purposes.
Ally is a financial services company based in Detroit.
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