2 minute read | August.07.2025
Ally Financial, a leader in digital financial services, has closed on its registered offering of $600 million aggregate principal amount of its 5.548% Fixed-to-Floating Rate Senior Notes due 2033.
Barclays Capital Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and RBC Capital Markets, LLC acted as joint book-running managers for the offering. Lloyds Securities Inc., SMBC Nikko Securities America, Inc., Academy Securities, Inc., Blaylock Van, LLC, Loop Capital Markets LLC, Samuel A. Ramirez & Company, Inc. and Telsey Advisory Group LLC acted as co-managers. The offering closed on July 31, 2025.
Orrick advised the underwriters and has acted as designated underwriters’ counsel for Ally’s unsecured notes program since May 2019, during which time Ally has offered and sold $11 billion aggregate principal amount of notes.
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.
The Orrick team was led by Brett Cooper and included Kenneth Marx and Michelle Lee.