Ally Financial Inc. 6.4% 15-FEB-2029Ally Financial Inc. 6.4% 15-FEB-2029Ally Financial Inc. 6.4% 15-FEB-2029

Ally Financial Inc. 6.4% 15-FEB-2029

No trades
See on Supercharts

Key terms


Outstanding amount
‪5.83 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
6.40% (Fixed)
Coupon frequency
Monthly
Yield to maturity
6.88%
Maturity date
Feb 15, 2029
Term to maturity
4 years

About Ally Financial Inc. 6.4% 15-FEB-2029


Sector
Finance
Industry
Regional Banks
Home page
Issue date
Feb 23, 2024
FIGI
BBG01LGK4Z26
Ally Financial, Inc. engages in the provision of online banking, securities brokerage, and investment advisory services. It operates through the following segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, Corporate Finance Operations, and Corporate and Other. The Automotive Finance Operations segment offers retail installment sales contracts, loans, and operating leases, offering term loans to dealers, financing dealer floor plans and other lines of credit to dealers, warehouse lines to automotive retailers, fleet financing, providing financing to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment focuses on consumer financial and insurance products such as vehicle service and vehicle maintenance contracts, and guaranteed asset protection. The Mortgage Finance Operations segment includes Ally Home Mortgage (ALM) offering and bulk purchases of high-quality jumbo and low-to-moderate income mortgage loans. The Corporate Finance Operations segment provides senior secured leveraged asset-based and cash flow loans to middle-market companies, with a focus on businesses owned by private equity sponsors. The Corporate and Other segment is involved in centralized corporate treasury activities such as management of the cash and corporate investment securities and loan portfolios, short- and long-term debt, retail and brokered deposit liabilities, derivative instruments, original issue discount, and the residual impacts of corporate funds-transfer pricing and treasury ALM activities. The company was founded in 1919 and is headquartered in Detroit, MI.
Advanced bond data for paid plans
Unlock important bond data including coupon rates, redemption details, risk assessments, and much more.