debt
confidence high
sentiment neutral
materiality 0.50
GM Financial closes $1B public offering of 5.100% senior notes due 2031
General Motors Financial Company, Inc.
- $1,000,000,000 aggregate principal of 5.100% senior notes due Sept 15, 2031.
- Net proceeds approximately $993M after underwriter discounts and expenses.
- Notes are unsecured senior obligations; interest payable semi-annually starting Mar 15, 2027.
- Proceeds added to general funds for general corporate purposes.
- Offering co-led by BNP Paribas, Mizuho, Morgan Stanley, SG Americas, SMBC Nikko, TD Securities.