General Motors Financial’s $1.2 Billion Senior Notes Offering

Davis Polk advised the joint book-running managers on the offering.

General Motors Financial Company, Inc. executed the oofering of its $1.2 billion aggregate principal amount of 5.000% senior notes due 2027. GM Financial will use the proceeds from this offering for general corporate purposes.  

BBVA Securities Inc., Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, Lloyds Securities Inc., Mizuho Securities USA LLC and Morgan Stanley & Co. LLC were the oint book-running managers for the offering.

GM Financial is a global provider of automobile financing solutions and is the wholly owned captive finance subsidiary of General Motors Company.

The Davis Polk capital markets team included partner Marcel Fausten (Picture) and associate Marisa Rametta. The tax team included partner Mario J. Verdolini and associate Kendra Simpson. 

Involved fees earner: Marcel Fausten – Davis Polk & Wardwell; Marisa Rametta – Davis Polk & Wardwell; Kendra Simpson – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: BBVA Securities Inc.; Credit Agricole Securities (USA) Inc.; Goldman Sachs & Co.; Lloyds Securities; Mizuho Securities; Morgan Stanley;