Cahill Represents Initial Purchasers in $2.5 Billion Notes Offering by GM Financial
Date: 05/14/13
Cahill represented the joint book-running managers and co-managers in connection with the Rule 144A offering of $2,500,000,000, comprised of: $1,000,000,000 aggregate principal amount of 2.75% Senior Notes due 2016, $750,000,000 aggregate principal amount of 3.25% Senior Notes due 2018, and $750,000,000 aggregate principal amount of 4.25% Senior Notes due 2023 by General Motors Financial, Inc. Proceeds from the offering will be used to fund a portion of the acquisition of the international auto finance and financial services businesses of Ally Financial Inc., to repay certain indebtedness and for general working capital purposes.