Ally Financial Issues $12M Senior Unsecured Notes Due 2035|ALLY Files 424B2: Monthly 6% Coupon Notes Offering|Ally Financial Term Notes: $12M Fixed-Rate Securities Filing

Rhea-AI Filing Summary

Ally Financial announces $12.006M offering of Senior Unsecured Notes (CUSIP: 02006DY88) with a fixed 6% coupon rate paid monthly, maturing June 15, 2035. The notes are priced at 100% with a gross concession of 1.8%, yielding net proceeds of $11.79M. Key features include monthly interest payments starting July 15, 2025, callable at 100% beginning December 15, 2025 and semi-annually thereafter with 30 days notice, and includes Survivor's Option. The notes will be sold in minimum denominations of $1,000 through multiple agents including InspereX, Citigroup, JPMorgan, BofA Securities, Morgan Stanley, and RBC Capital Markets. Settlement date is set for June 26, 2025, with DTC book-entry settlement. Notes are not FDIC guaranteed but represent senior unsecured obligations of Ally Financial.

Positive

• Ally Financial is offering $12,006,000 in senior unsecured notes with a competitive 6.000% fixed coupon rate paid monthly
• The notes include a survivor's option feature, providing additional security for investors' beneficiaries
• Strong institutional backing with multiple major underwriters including InspereX LLC, Citigroup, J.P. Morgan, BofA Securities, Morgan Stanley, and RBC Capital Markets

Negative

• Long maturity period until 2035 exposes investors to significant interest rate risk
• Notes are not FDIC guaranteed, increasing credit risk exposure
• 1.800% gross concession reduces actual proceeds to $11,789,892, representing significant underwriting costs
• Early call option starting December 2025 creates reinvestment risk for investors if interest rates decline

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/23/2025 - 02:48 PM Learn about SEC filing dates

FAQ

What is the interest rate on ALLY's new senior unsecured notes issued in June 2025?

ALLY's new senior unsecured notes offer a fixed coupon rate of 6.000% paid monthly, with a maturity date of June 15, 2035.

How much is ALLY raising through the June 2025 senior notes offering?

ALLY is raising $12,006,000 in principal amount through this senior unsecured notes offering, with net proceeds of $11,789,892.00 after accounting for the gross concession of 1.800%.

When can ALLY call back the senior notes issued in June 2025?

The notes are callable at 100.000% starting December 15, 2025 and semi-annually thereafter with 30 Calendar Days' Notice.

What is the minimum investment required for ALLY's June 2025 senior notes?

The minimum denomination for investment is $1,000.00 with increments of $1,000.00.

Who are the underwriting agents for ALLY's June 2025 notes offering?

The agents for the offering are InspereX LLC, Citigroup, J.P. Morgan, BofA Securities, Morgan Stanley, and RBC Capital Markets.

Filed Under Rule 424(b)(2), Registration Statement No. 333-281524 Pricing Supplement No. 379 - Dated Monday, June 23, 2025 (To: Prospectus Dated August 13, 2024 )

CUSIP Number

Principal Amount

Selling Price

Gross Concession

Net Proceeds

Coupon Type

Coupon Rate

Coupon Frequency

Maturity Date

1st Coupon Date

1st Coupon Amount

Survivor's Option

FDIC Guaranteed

Product Ranking

02006DY88

$12,006,000

100%

1.800%

$11,789,892.00

Fixed

6.000%

MONTHLY

06/15/2035

07/15/2025

$3.17

Yes

No

Senior Unsecured Notes

Redemption Information: Callable at 100.000% on 12/15/2025 and Semi-Annually thereafter with 30 Calendar Days' Notice.

Ally Financial Inc. Offering Dates: Monday, June 16, 2025 through Monday, June 23, 2025 Trade Date: Monday, June 23, 2025 @12:00 PM ET Settlement Date: Thursday, June 26, 2025 Minimum Denomination/Increments: $1,000.00/$1,000.00 Initial trades settle flat and clear SDFS: DTC Book Entry only DTC number: 0235 via RBC Dain Rauscher Inc. Agents: InspereX LLC, Citigroup, J.P. Morgan, BofA Securities, Morgan Stanley, RBC Capital Markets
Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Selected dealers purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the selected dealers for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the selected dealers on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such selected dealers will not retain any portion of the sales price as compensation.
If the maturity date or an interest payment date for any note is not a Business Day (as term is defined in Prospectus), principal, premium, if any, and interest for that note is paid on the next Business Day, and no interest will accrue from, and after, the maturity date or interest payment date.
Legal Matters- Validity of the Notes:
In the opinion of counsel to Ally Financial Inc. (the "Company"), when the notes offered by this pricing supplement have been executed and issued by the Company and authenticated by the trustee pursuant to the indenture dated as of September 24, 1996,with The Bank of New York Mellon (as successor to JPMorgan Chase Bank, N.A.), as trustee (the "Trustee"), as amended and supplemented from time to time (the "Indenture"), and delivered against payment as contemplated herein, such notes will be valid and binding obligations of the Company, subject to applicable bankruptcy, insolvency and similar laws affecting creditors' rights generally, concepts of reasonableness and equitable principles of general applicability, and provided that I express no opinion as to (i) the enforceability of any waiver of rights under any usury or stay law, (ii) the effect of fraudulent conveyance, fraudulent transfer or similar provision of applicable law on the conclusions expressed above and (ii) the validity, legally binding effect or enforceability of any provision that permits holders to collect any portion of stated principal amount upon acceleration of the notes to the extent determined to constitute unearned interest. This opinion is given as of the date hereof and is limited to Federal laws of the United States of America, the law of the State of New York and the General Corporation Law of the State of Delaware. In addition, this opinion is subject to customary assumptions about the Trustee's authorization, execution and delivery of the Indenture, the Trustee's authentication of the notes, and the validity, binding nature and enforceability of the Indenture with respect to the Trustee, and the genuineness of signatures and to such counsel's reliance on the Company and other sources as to certain factual matters, all as stated in the letter of such counsel dated August 24, 2012, which has been filed as Exhibit 5.1 to the Registration Statement.
InterNotes® is a registered trademark of InspereX Holdings, LLC. All rights reserved. Ally Financial Inc.
Ally Financial Term Notes, Series A
Prospectus Dated August 13, 2024