| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for General Motors Financial Co., Inc. > News item |
General Motors Financial plans to sell notes in three tranches
By Devika Patel
Knoxville, Tenn., Nov. 2 – General Motors Financial Co. Inc. (Baa3/BBB/BBB-) intends to offer dollar-denominated senior notes in three tranches, according to a 424B5 filing with the Securities and Exchange Commission.
The notes will be sold in two fixed-rate tranches due in 2020 and 2024 and one floating-rate tranche due in 2020.
The floaters are not callable. The fixed-rate notes may be called at the greater of par and a make-whole call.
Bradesco BBI, Commerzbank, Credit Agricole CIB, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and NatWest Markets are the bookrunners.
Proceeds will be used for general corporate purposes.
General Motors Financial is the Fort Worth-based finance subsidiary of General Motors Co.
© 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.