424B7 1 d424b7.htm PROSPECTUS SUPPLEMENT Prospectus Supplement

Filed pursuant to Rule 424(b)(7)
SEC File No. 333-139429

Prospectus Supplement No. 3

to Prospectus dated December 15, 2006

LOGO

0.75% Convertible Senior Notes due 2011,

2.125% Convertible Senior Notes due 2013

and

Shares of Common Stock Issuable upon Conversion of the Notes

 

This prospectus supplement No. 3 relates to the resale by selling securityholders of AmeriCredit Corp.’s 0.75% Convertible Senior Notes due 2011, 2.125% Convertible Senior Notes due 2013 and the shares of AmeriCredit Corp.’s common stock issuable upon conversion of the notes.

You should read this prospectus supplement No. 3 in conjunction with the prospectus dated December 15, 2006, which should be delivered in conjunction with this prospectus supplement. This prospectus supplement is not complete without, and may not be delivered or used except in conjunction with, the prospectus, including any amendments or supplements to the prospectus. This prospectus supplement is qualified by reference to the prospectus, except to the extent that the information provided by this prospectus supplement supercedes information contained in the prospectus.

 

Investing in the notes and the common stock issuable upon conversion of the notes involves risk. See the discussion entitled “Risk Factors” beginning on page 6 of the prospectus dated December 15, 2006.

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement or the prospectus dated December 15, 2006. Any representation to the contrary is a criminal offense.

The date of this prospectus supplement is February 9, 2007

The information appearing under the section entitled “Selling Securityholders” beginning on page 60 of the prospectus dated December 15, 2006, is amended and restated in its entirety by the information below.

SELLING SECURITYHOLDERS

The notes were originally issued by us and sold to Credit Suisse Securities (USA) LLC, J.P. Morgan Securities Inc., Deutsche Bank Securities, Inc., Friedman, Billings, Ramsey & Co., Inc. and Wachovia Capital Markets, LLC, which we refer to as the initial purchasers, and resold by the initial purchasers in transactions exempt from the registration requirements of the Securities Act to persons reasonably believed by the initial purchasers to be “qualified institutional buyers” as defined by Rule 144A under the Securities Act. The selling securityholders, including their transferees, pledgees, donees, assignees or successors, may from time to time offer and sell pursuant to this prospectus any or all of the notes listed below and the shares of common stock issued upon conversion of the notes.

Selling securityholders may be deemed to be “underwriters” as defined in the Securities Act. Any profits realized by the selling securityholders may be deemed to be underwriting commissions.

The table below sets forth the name of each selling securityholder, the principal amount of notes that each selling securityholder owns and the numbers of shares of common stock into which those notes are convertible, each of which may be offered pursuant to this prospectus. Unless set forth below, to the best of our knowledge, none of the selling securityholders has, or within the past three years has had, any material relationship with us or any of our predecessors or affiliates.

We have prepared the table below based on information received from the selling securityholders on or prior to February 8, 2007. However, any or all of the notes or shares of common stock listed below may be offered for sale pursuant to this prospectus by the selling securityholders from time to time. Accordingly, no estimate can be given as to the amounts of notes or number of shares of common stock that will be held by the selling securityholders upon consummation of any sales. In addition, the selling securityholders listed in the table below may have acquired, sold or transferred, in transactions exempt from the registration requirements of the Securities Act, some or all of their notes since the date as of which the information in the table is presented.

Information about the selling securityholders may change over time. Any changed information will be set forth in prospectus supplements or post-effective amendments to the shelf registration statement, as required. From time to time, additional information concerning ownership of the notes and shares of common stock may rest with certain holders of the notes not named in the table below and of whom we are unaware.

 

Name

    2011 Notes    2013 Notes    Principal
Amount of
Notes
Beneficially
Owned and
Offered		    Common Stock
Issuable Upon
Conversion of
the Notes(1)		    Common Stock
Owned After
Completion of
the Offering(2)

1976 Distribution Trust FBO A.R. Lauder

    2,000    4,000    6,000    202    —  

2000 Revocable Trust FBO A.R. Lauder

    2,000    4,000    6,000    202    —  

Advent Convertible Master Fund LP

    2,254,000    2,254,000    4,508,000    154,166    —  

AHFP Context

    500,000    —      500,000    17,811    —  

Alcon Laboratories

    203,000    366,000    569,000    19,226    —  

Alexandra Global Master Fund Ltd.

    5,000,000    —      5,000,000    178,116    —  

Name

    2011 Notes    2013 Notes    Principal
Amount of
Notes
Beneficially
Owned and
Offered		    Common Stock
Issuable Upon
Conversion of
the Notes(1)		    Common Stock
Owned After
Completion of
the Offering(2)

Allstate Insurance Company (3)

    2,000,000    —      2,000,000    71,246    70,400

Altma Fund SICAV Plc in respect of the Grafton Fund Sub

    1,750,000    —      1,750,000    62,340    —  

Argent Class Convertible Arbitrage Fund II, L.P.

    200,000    —      200,000    7,124    —  

Argent Classic Convertible Arbitrage Fund Ltd.

    6,360,000    —      6,360,000    226,564    —  

Argent Classic Convertible Arbitrage Fund, Inc.

    6,360,000    —      6,360,000    226,564    —  

Argent Classic Convertible Arbitrage Fund, L.P.

    850,000    —      850,000    30,279    —  

Argent LowLev Convertible Arbitrage Fund II, LLC

    40,000    —      40,000    1,424    —  

Argent LowLev Convertible Arbitrage Fund Ltd.

    1,950,000    —      1,950,000    69,465    —  

Argent LowLev Convertible Arbitrage Fund, LLC

    100,000    —      100,000    3,562    —  

Argentum Multi-Strategy Fund Ltd- Classic

    100,000    —      100,000    3,562    —  

Aristeia International Limited

    —      25,415,000    25,415,000    832,938    —  

Aristeia Partners LP

    —      1,335,000    1,335,000    43,752    —  

Arlington County Employees Retirement System

    291,000    524,000    815,000    17,173    —  

BBC Capital Markets (4)

    3,000,000    —      3,000,000    106,869    —  

British Virgin Islands Social Security Board

    67,000    121,000    188,000    6,352    —  

CALAMOS Market Neutral Income Fund – CALAMOS Investment Trust

    —      6,000,000    6,000,000    196,641    —  

Name

    2011 Notes    2013 Notes    Principal
Amount of
Notes
Beneficially
Owned and
Offered		    Common Stock
Issuable Upon
Conversion of
the Notes(1)		    Common Stock
Owned After
Completion of
the Offering(2)

Canadian Imperial Holdings Inc.

    16,500,000    —      16,500,000    587,784    —  

Canyon Value Realization Fund, L.P. (3) (6)

    5,310,000    5,040,000    10,350,000    354,347    —  

Canyon Value Realization MAC 18 Ltd. (3) (7)

    590,000    560,000    1,050,000    39,371    —  

Casam Context Offshore Advantage Fund Limited

    650,000    —      650,000    23,155    —  

Cayman Capital Arbitrage Master Fund, Ltd. (3) (8)

    10,030,000    9,520,000    19,550,000    669,323    —  

CBARB, a segregated account of Geode Capital Master Fund Ltd.

    —      6,250,000    6,250,000    204,846    —  

Cheyne Fund LP

    548,000    —      548,000    19,521    —  

Cheyne Leverage Fund LP

    —      452,000    452,000    14,813    —  

Citadel Equity Fund Ltd. (3)

    18,000,000    39,500,000    57,500,000    1,935,772    —  

City University of New York

    58,000    105,000    163,000    5,507    —  

Class C Trading Company, Ltd.

    1,020,000    —      1,020,000    36,335    —  

CNH CA Master Account, L.P.

    5,000,000    5,000,000    10,000,000    341,984    —  

Context Advantage Master Fund, L.P.

    5,200,000    —      5,200,000    185,241    —  

Cowen & Co LLC (4)

    504,000    —      504,000    17,954    —  

CQS Convertible and Quantitative Strategies Master Fund Limited

    10,000,000    11,000,000    21,000,000    716,763    —  

Credit Agricole Structured Asset Management

    150,000    —      150,000    5,343    —  

Deutsche Bank AG London (3)

    13,705,000    12,820,000    26,525,000    908,373    —  

Deutsche Bank Securities (4)

    —      20,250,000    20,250,000    663,663    —  

Name

    2011 Notes    2013 Notes    Principal
Amount of
Notes
Beneficially
Owned and
Offered		    Common Stock
Issuable Upon
Conversion of
the Notes(1)		    Common Stock
Owned After
Completion of
the Offering(2)

Finch Tactical Plus Class B

    200,000    —      200,000    7,124    —  

Fore Convertible Master Fund, Ltd. (4)

    676,000    339,000    1,015,000    35,191    26,500

Fore Erisa Fund, Ltd. (4)

    74,000    36,000    100,000    3,815    2,800

Fore Multi Strategy Master Fund, Ltd. (4)

    136,000    68,000    204,000    7,073    5,100

GLG Market Neutral Fund

    —      10,000,000    10,000,000    327,755    —  

Global Convertible Opportunities Fund

    500,000    —      500,000    17,811    —  

Goldman Sachs & Co. Profit Sharing Master Trust (3)

    230,000    —      230,000    8,193    —  

Grable Foundation

    34,000    61,000    95,000    3,210    —  

Grace Convertible Arbitrage Fund, Ltd.

    —      4,000,000    4,000,000    131,100    —  

Grady Hospital

    56,000    100,000    156,000    5,272    —  

Guggenheim Portfolio Company XXXI, LLC

    333,000    —      333,000    11,862    —  

HFR CA Global Select Master Trust Account

    380,000    —      380,000    13,536    —  

HFR CA Select Master Trust

    —      1,400,000    1,400,000    45,885    —  

HFR Convertible Arbitrage Fund

    157,000    157,000    314,000    10,738    —  

HFR RVA Combined Master Trust

    182,000    —      182,000    6,483    —  

Highbridge International LLC

    16,000,000    22,000,000    38,000,000    1,291,033    —  

Independence Blue Cross

    309,000    556,000    865,000    29,229    —  

Institutional Benchmark Series (Master Feeder) Ltd.

    —      1,200,000    1,200,000    39,330    —  

Institutional Benchmark Series (Master Feeder) Ltd. In Respect of Alcor Series

    250,000    —      250,000    8,905    —  

Name

    2011 Notes    2013 Notes    Principal
Amount of
Notes
Beneficially
Owned and
Offered		    Common Stock
Issuable Upon
Conversion of
the Notes(1)		    Common Stock
Owned After
Completion of
the Offering(2)

JPMorgan Securities Inc. (4)

    2,000,000    1,000,000    3,000,000    104,021    —  

KBC Convertibles MAC28 Limited (3)

    1,000,000    —      1,000,000    35,623    —  

KBC Diversified Fund, A Segregated Portfolio of KBC Diversified Fund, SPC (3)

    2,000,000    —      2,000,000    71,246    —  

KBC Financial Products USA Inc. (4)

    —      7,000,000    7,000,000    229,428    —  

Lyxor Convertible Arbitrage Fund

    89,000    89,000    178,000    6,087    —  

Lyxor Master Fund Ref: Argent/LowLev CB c/o Argent

    520,000    —      520,000    18,524    —  

Lyxor Quest Fund, Ltd.

    4,000,000    —      4,000,000    142,493    —  

Lyxor/Canyon Capital Arbitrage Fund Ltd. (3) (9)

    2,000,000    2,000,000    4,000,000    136,797    —  

Lyxor/Canyon Value Realization Fund Ltd. (3) (10)

    500,000    2,000,000    2,500,000    83,362    —  

Lyxor/Context Fund Ltd. (3)

    1,050,000    —      1,050,000    37,404    —  

Man Mac 1, Ltd. (4)

    114,000    57,000    171,000    5,929    4,400

New Orleans Firefighters

    34,000    61,000    95,000    3,210    —  

Occidental Petroleum

    129,000    232,000    361,000    12,198    —  

Oz Special Funding (OZMD), LP

    18,270,000    —      18,270,000    650,837    —  

Partners Group Alternative Strategies PCC LTD

    640,000    —      640,000    22,798    —  

PNC Equity Securities LLC (3)

    2,500,000    —      2,500,000    89,058    —  

Police & Firemen of the City of Detroit

    226,000    407,000    633,000    21,389    —  

Polygon Global Opportunities Master Fund

    2,500,000    2,500,000    5,000,000    170,992    —  

Name

    2011 Notes    2013 Notes    Principal
Amount of
Notes
Beneficially
Owned and
Offered		    Common Stock
Issuable Upon
Conversion of
the Notes(1)		    Common Stock
Owned After
Completion of
the Offering(2)

Promutual

    367,000    661,000    1,028,000    34,737    —  

Quest Global Convertible Master Fund, Ltd.

    100,000    —      100,000    3,562    —  

Ramius Master Fund, Ltd.

    2,000,000    —      2,000,000    71,246    —  

RBC Capital Markets (4)

    3,000,000    —      3,000,000    106,869    —  

RCG Halifax Fund, Ltd.

    545,000    —      545,000    19,414    —  

RCG Latitude Master Fund, Ltd.

    6,700,000    —      6,700,000    238,676    —  

Rhythm Fund, Ltd. (3)

    2,000,000    —      2,000,000    71,246    —  

RMF Umbrella SICAV

    250,000    —      250,000    8,905    —  

Sage Capital Management LLC

    250,000    250,000    500,000    17,098    —  

San Diego County Employees Retirement Assoc. Convertible Arbitrage

    —      2,400,000    2,400,000    78,661    —  

San Francisco Public Employees Retirement System

    577,000    1,037,000    1,614,000    54,540    —  

Silver Convertible Arbitrage Fund, LDC

    100,000    —      100,000    3,562    —  

Stark Master Fund Ltd. (3)

    27,000,000    8,000,000    35,000,000    1,224,033    —  

The Canyon Value Realization Fund (Cayman), Ltd. (3) (11)

    13,570,000    12,880,000    26,450,000    905,556    —  

Topaz Fund (3)

    2,000,000    6,000,000    8,000,000    198,688    —  

Trustmark

    145,000    261,000    406,000    13,719    —  

UBS AG London FBO WCBP (3)

    —      12,250,000    12,250,000    401,499    694,600

UBS Securities LLC (4)

    489,000    5,250,000    5,739,000    189,490    200,612

Vicis Capital Master Fund

    6,000,000    6,000,000    12,000,000    410,380    —  

Whitebox Diversified Convertible Arbitrage Partners, L.P.

    800,000    —      800,000    28,498    —  

Name

    2011 Notes    2013 Notes    Principal
Amount of
Notes
Beneficially
Owned and
Offered		    Common Stock
Issuable Upon
Conversion of
the Notes(1)		    Common Stock
Owned After
Completion of
the Offering(2)

Worldwide Transactions Limited

    400,000    —      400,000    14,249    —  

Xavex Convertible Arbitrage 10 Fund

    340,000    —      340,000    12,111    —  

Xavex Convertible Arbitrage 2 Fund

    50,000    —      50,000    1,781    —  
(1) Assumes conversion of all of the holder’s notes at a conversion rate of 35.6233 shares of common stock per $1,000 principal amount of the 2011 notes and a conversion rate of 32.7755 shares of common stock per $1,000 principal amount of the 2013 notes. Each conversion rate is subject to adjustment, however, as described under “Description of Notes—Conversion Rights.” As a result, the number of shares of common stock issuable upon conversion of the notes may increase or decrease in the future.
(2) Assumes that either all of the principal amount of notes offered hereby or all of the shares of common stock offered hereby are sold by the selling securityholders.
(3) This selling securityholder is an affiliate of a broker-dealer.
(4) This selling securityholder is a broker-dealer.
(5) Information about other selling securityholders will be set forth in additional prospectus supplements, if required.
(6) This selling securityholder reports short positions in our common stock of 151,255 and 130,398 shares as of January 18, 2007.
(7) This selling securityholder reports short positions in our common stock of 28,360 and 24,450 shares as of January 18, 2007.
(8) This selling securityholder reports short positions in our common stock of 285,244 and 330,871 shares as of January 18, 2007.
(9) This selling securityholder reports short positions in our common stock of 68,872 and 74,633 shares as of January 18, 2007.
(10) This selling securityholder reports short positions in our common stock of 49,755 and 45,915 shares as of January 18, 2007.
(11) This selling securityholder reports short positions in our common stock of 360,226 and 306,021 shares as of January 18, 2007.