General Motors Financial $400 million senior notes offering
The investment-grade notes are due 2026
Davis Polk advised the joint book-running managers in connection with a reopening of an April 2023 SEC-registered takedown offering by General Motors Financial Company, Inc. of $400 million aggregate principal amount of its 5.400% senior notes due 2026. GM Financial will use the proceeds from this offering for general corporate purposes.
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 Jonathan I. Stempel and Joyce Kim. The tax team included partner Mario J. Verdolini and associate Charles Collier. All members of the Davis Polk team are based in the New York office.