General Motors Financial $2.55 billion senior notes offering
The investment-grade notes are due 2027 and 2032
Davis Polk advised the joint book-running managers on an SEC-registered offering by General Motors Financial Company, Inc. of its $300 million aggregate principal amount of floating-rate senior notes due 2027, $1 billion aggregate principal amount of 2.350% senior notes due 2027 and $1.25 billion aggregate principal amount of 3.100% senior notes due 2032.
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 and associates Joanna Sedlak and Marisa Rametta. The tax team included partner Mario J. Verdolini and associate Ben Levenback. All members of the Davis Polk team are based in the New York office.