General Motors Financial Company’s $1.5 Billion Senior Notes Offering

Latham & Watkins acted as special counsel to General Motors Financial Company, Inc., while Davis Polk advised the joint book-running managers on the offering.

General Motors Financial Company, Inc. executed its $1.5 billion aggregate principal amount of 5.200% senior notes due 2023.

Barclays Capital Inc., BBVA Securities Inc., Commerz Markets LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC served as Joint Book-Running Managers. BMO Capital Markets Corp., MUFG Securities Americas Inc., U.S. Bancorp Investments, Inc., Blaylock Van, LLC, and Cabrera Capital Markets LLC served as Co-Managers for the offering.

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 advising the joint book-running managers included partner John G. Crowley (Picture) and associate Johnathan M. Nixon. The tax team included partner Mario J. Verdolini and associate Ben Levenback.

Involved fees earner: John Crowley – Davis Polk & Wardwell; Ben Levenback – Davis Polk & Wardwell; Johnathan Nixon – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Barclays Capital ; BBVA Securities Inc.; Commerz Markets LLC; Mizuho Securities; Morgan Stanley; RBC Capital Markets;

Author: Ambrogio Visconti