1 minute read | January.27.2025
Ally Financial, a leader in digital financial services, has closed on two registered offerings totaling $1 billion:
A $500 million aggregate principal amount of 5.543% Fixed-to-Floating Rate Senior Notes due 2031.
A $500 million aggregate principal amount of 6.646% Fixed-Rate Reset Subordinated Notes due 2040.
Orrick represented the underwriters.
Ally Financial Inc. is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients.
Orrick’s Brett Cooper led the team advising the underwriters. The team included Kenneth Marx and Hong Tran.