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Published on 5/4/2016 in the Prospect News Investment Grade Daily.

General Motors Financial offers fixed-rate and floating-rate senior notes in three tranches

By Lisa Kerner

Charlotte, N.C., May 4 – General Motors Financial Co. Inc. plans to price a three-part offering of senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The offering includes fixed- and floating-rate notes due 2019, along with a fixed-rate tranche due 2023.

The notes will be guaranteed by operating subsidiary AmeriCredit Financial Services, Inc.

Proceeds will be added to the company’s general funds and will be available for general corporate purposes.

BofA Merrill Lynch, Bradesco BBI SA, Deutsche Bank Securities Inc., Goldman Sachs & Co., RBC Capital Markets LLC and SMBC Nikko Securities America, Inc. are the joint bookrunners.

General Motors Financial is the Fort Worth-based finance subsidiary of General Motors Co.


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