General Motors Financial Company, Inc. $2.5 Billion Senior Notes Offering

Davis Polk advised the joint book-running managers on an SEC-registered offering by General Motors Financial Company, Inc. of $500 million aggregate principal amount of floating-rate senior notes due 2021, $1 billion aggregate principal amount of 3.550% senior notes due 2021 and $1 billion aggregate principal amount of 4.350% senior notes due 2025.

The notes are guaranteed by AmeriCredit Financial Services, Inc., the principal U.S. operating subsidiary of GM Financial.

BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors acted as Initial Purchasers.

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 Sophia Hudson (Picture) and associates Dan Gibbons and Evan Leitner. The tax team included partners Po Sit and Lucy W. Farr and associates Gil Savir and Danielle Rapaccioli.


Involved fees earner: Sophia Hudson – Davis Polk & Wardwell; Dan Gibbons – Davis Polk & Wardwell; Evan Leitner – Davis Polk & Wardwell; Po Sit – Davis Polk & Wardwell; Lucy Farr – Davis Polk & Wardwell; Gil Savir – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Merrill Lynch; Morgan Stanley; RBC Capital Markets; Wells Fargo;


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Author: Ambrogio Visconti