General Motors Financial’s $2.5 Billion Senior Notes Offering

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

General Motors Financial Company, Inc. executed its offering of its $300 million aggregate principal amount of floating-rate senior notes due 2025, $1.1 billion aggregate principal amount of 3.800% senior notes due 2025 and $1.1 billion aggregate principal amount of 4.300% senior notes due 2029.

The Joint Book-Running Managers included Barclays, BNP PARIBAS, Citigroup, Deutsche Bank Securities, RBC Capital Markets and TD Securities. The Co-Managers included CIBC Capital Markets, ING, Loop Capital Markets, Academy Securities         Blaylock Van, LLC, and Ramirez & Co., Inc.

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 associates Joanna Sedlak and Marisa Rametta. The tax team included partner Mario J. Verdolini and associate Ben Levenback. 

Involved fees earner: Marcel Fausten – Davis Polk & Wardwell; Ben Levenback – Davis Polk & Wardwell; Marisa Rametta – Davis Polk & Wardwell; Joanna Sedlak – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Barclays Capital ; BNP Paribas; Citigroup Inc.; Deutsche Bank Securities; RBC Capital Markets; TD Securities;