debt
confidence high
sentiment neutral
materiality 0.60
Ally sells $1B in notes: $500M senior floating-rate and $500M subordinated fixed-rate
Ally Financial Inc.
- Ally issued $500M 5.543% Fixed-to-Floating Senior Notes due 2031.
- Ally issued $500M 6.646% Fixed-Rate Reset Subordinated Notes due 2040.
- Total $1B debt offering closed on December 5, 2024.
- Notes issued under existing shelf registration statement (File 333-268013).
- Underwriters include Barclays, Deutsche Bank, Goldman Sachs, Wells Fargo.