Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Ally Financial Inc. > News item |
Ally Financial calls $892.5 million of 7 3/8% notes due 2044 in full
By Tali Rackner
Norfolk, Va., Feb. 12 - Ally Financial Inc. is exercising its right to redeem all $892.5 million of its 7 3/8% notes due Dec. 16, 2044, according to a press release.
The notes will be redeemed at par of $25 plus accrued interest of $0.450694 per note on March 14.
The Bank of New York Mellon is the trustee and paying agent.
Ally Financial is a Detroit-based automotive financial services company.
© 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.