Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Ally Financial Completes $1 Billion Preferred Stock Offering

Date: 03/25/11

Cahill represented Credit Suisse, BofA Merrill Lynch, Deutsche Bank Securities and Barclays Capital as joint book-running managers in the $1,021,764,000 secondary offering of 40,870,560 shares of preferred stock of Ally Financial Inc. (NYSE: GMA) sold by GM Preferred Finance Co. Holdings LLC, priced at $25.00 per share.
Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com