General Motors Financial Company, Inc. $500 Million Preferred Stock Offering

Davis Polk advised the joint book-running managers on a $500 million SEC-registered offering by General Motors Financial Company, Inc. of 500,000 shares of its fixed-to-floating rate cumulative perpetual preferred stock, Series B.

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 John G. Crowley and associates Matthew M. Funk and Kaitlin Decker. The tax team included partner Rachel D. Kleinberg and associate Gil Savir. Members of the Davis Polk team are based in the New York and Northern California offices.