Davis Polk advised Ally Financial in connection with an SEC-registered issuance of $450 million aggregate principal amount of its 1.450% senior notes due 2023, which form a single series with the $750 million aggregate principal amount of 1.450% senior notes due 2023 Ally Financial issued on September 18, 2020.
Ally Financial Inc. is a leading digital financial-services company with $185.3 billion in assets as of September 30, 2020.
The Davis Polk capital markets team included partner John B. Meade and associates Rahul K. Patel and Stephen H. Karp. Counsel Kiara L. Rankin and associate Sunny Kim provided tax advice. The financial institutions team included partner Luigi L. De Ghenghi and associate Andrew Rohrkemper. All members of the Davis Polk team are based in the New York office.