Ally Financial to conduct offering of fixed-rate senior notes

By Devika Patel

Knoxville, Tenn., Sept. 16 – Ally Financial Inc. intends to price an offering of 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.

Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities 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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.