Filed Pursuant to Rule 433
Registration No. 333-193070
Term Sheet dated March 25, 2015
4.125% Senior Notes due 2020
| Issuer: | Ally Financial Inc. (“Ally”) | |
| Expected Ratings: | BB+ / BB+ (S&P/Fitch) | |
| Title of Securities: | 4.125% Senior Notes due 2020 (the “Notes”) | |
| Legal Format: | SEC Registered | |
| Trade Date: | March 25, 2015 | |
| Settlement Date: | March 30, 2015 (T+3) | |
| Final Maturity Date: | March 30, 2020 | |
| Aggregate Principal Amount: | $750,000,000 | |
| Gross Proceeds: | $741,660,000 | |
| Underwriting Discount: | 0.750% | |
| Net Proceeds to Ally before Estimated Expenses: | $736,035,000 | |
| Coupon: | 4.125% | |
| Issue Price: | 98.888% | |
| Benchmark Treasury: | 1.375% due February 29, 2020 | |
| Benchmark Treasury Yield: | 1.414% | |
| Spread to Benchmark Treasury: | 296.1 bps | |
| Yield to Maturity: | 4.375% | |
| Interest Payment Dates: | Semi-annually, in arrears on March 30 and September 30 of each year, until maturity, commencing September 30, 2015 | |
| Optional Redemption: | None | |
| Day Count Convention: | 30/360; Unadjusted, Following Business Day convention | |
| Business Days: | New York | |
| CUSIP/ISIN Numbers: | CUSIP: 02005N AZ3 | |
| ISIN: US02005NAZ33 | ||
| Joint Book-Running Managers: | Barclays Capital Inc. Citigroup Global Markets Inc. Deutsche Bank Securities Inc. J.P. Morgan Securities LLC | |
| Co-Managers: | BMO Capital Markets Corp. CIBC World Markets Corp. Lloyds Securities Inc. Scotia Capital (USA) Inc. U.S. Bancorp Investments, Inc. Blaylock Beal Van, LLC CastleOak Securities, L.P. Drexel Hamilton, LLC Lebenthal & Co., LLC Mischler Financial Group, Inc. | |
| Denominations: | $2,000 x $1,000 | |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The Issuer has filed a registration statement (including a prospectus and related preliminary prospectus supplement for the offering) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement, the accompanying prospectus in that registration statement and the other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll-free at 1-888-603-5847, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Deutsche Bank Securities Inc. toll-free at 1-800-503-4611 or J.P. Morgan Securities LLC collect at 1-212-834-4533.
This communication should be read in conjunction with the preliminary prospectus supplement and the accompanying prospectus. The information in this communication supersedes the information in the preliminary prospectus supplement and the accompanying prospectus to the extent it is inconsistent with the information in such preliminary prospectus supplement or the accompanying prospectus.
Term Sheet dated March 25, 2015
4.625% Senior Notes due 2025
| Issuer: | Ally Financial Inc. (“Ally”) | |
| Expected Ratings: | BB+ / BB+ (S&P/Fitch) | |
| Title of Securities: | 4.625% Senior Notes due 2025 (the “Notes”) | |
| Legal Format: | SEC Registered | |
| Trade Date: | March 25, 2015 | |
| Settlement Date: | March 30, 2015 (T+3) | |
| Final Maturity Date: | March 30, 2025 | |
| Aggregate Principal Amount: | $500,000,000 | |
| Gross Proceeds: | $490,200,000 | |
| Underwriting Discount: | 0.950% | |
| Net Proceeds to Ally before Estimated Expenses: | $485,450,000 | |
| Coupon: | 4.625% | |
| Issue Price: | 98.040% | |
| Benchmark Treasury: | 2.000% due February 15, 2025 | |
| Benchmark Treasury Yield: | 1.927% | |
| Spread to Benchmark Treasury: | 294.8 bps | |
| Yield to Maturity: | 4.875% | |
| Interest Payment Dates: | Semi-annually, in arrears on March 30 and September 30 of each year, until maturity, commencing September 30, 2015 | |
| Optional Redemption: | None | |
| Day Count Convention: | 30/360; Unadjusted, Following Business Day convention | |
| Business Days: | New York | |
| CUSIP/ISIN Numbers: | CUSIP: 02005N BA7 | |
| ISIN: US02005NBA72 | ||
| Joint Book-Running Managers: | Barclays Capital Inc. Citigroup Global Markets Inc. Deutsche Bank Securities Inc. J.P. Morgan Securities LLC | |
| Co-Managers: | BMO Capital Markets Corp. CIBC World Markets Corp. Lloyds Securities Inc. Scotia Capital (USA) Inc. U.S. Bancorp Investments, Inc. Blaylock Beal Van, LLC CastleOak Securities, L.P. Drexel Hamilton, LLC Lebenthal & Co., LLC Mischler Financial Group, Inc. | |
| Denominations: | $2,000 x $1,000 | |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The Issuer has filed a registration statement (including a prospectus and related preliminary prospectus supplement for the offering) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement, the accompanying prospectus in that registration statement and the other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll-free at 1-888-603-5847, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Deutsche Bank Securities Inc. toll-free at 1-800-503-4611 or J.P. Morgan Securities LLC collect at 1-212-834-4533.
This communication should be read in conjunction with the preliminary prospectus supplement and the accompanying prospectus. The information in this communication supersedes the information in the preliminary prospectus supplement and the accompanying prospectus to the extent it is inconsistent with the information in such preliminary prospectus supplement or the accompanying prospectus.