Issuer Free Writing Prospectus filed pursuant to Rule 433
supplementing the Preliminary Prospectus Supplement dated
May 12, 2020 and the Prospectus dated December 12, 2019
Registration No. 333-235468
Pricing Term Sheet
Terms Applicable to the Notes
Issuer: |
General Motors Financial Company, Inc. (the Issuer) | |
Securities: |
5.200% Senior Notes due 2023 (the Notes) | |
Ranking of the Notes: |
Senior unsecured | |
Trade Date: |
May 12, 2020 | |
Settlement Date: |
May 15, 2020 (T+3)* | |
Form of Offering: |
SEC-Registered (Registration No. 333-235468) | |
Aggregate Principal Amount: |
$1,500,000,000 | |
Final Maturity Date: |
March 20, 2023 | |
Public Offering Price: |
99.955%, plus accrued and unpaid interest, if any, from May 15, 2020 | |
Benchmark Treasury: |
0.25% due April 15, 2023 | |
Benchmark Treasury Price and Yield: |
100-02 3/4, 0.220% | |
Spread to Benchmark Treasury: |
+500 bps | |
Yield to Maturity: |
5.220% | |
Coupon: |
5.200% | |
Interest Payment Dates: |
March 20 and September 20 of each year, commencing on September 20, 2020 | |
Day Count Convention: |
30 / 360 | |
Optional Redemption: |
Prior to maturity, make-whole call at T+50 bps. | |
Denominations: |
$2,000 and integral multiples of $1,000 in excess thereof | |
CUSIP / ISIN: |
37045X CW4 / US37045XCW48 | |
Joint Book-Running Managers: |
Barclays Capital Inc. | |
BBVA Securities Inc. | ||
Commerz Markets LLC | ||
Mizuho Securities USA LLC | ||
Morgan Stanley & Co. LLC | ||
RBC Capital Markets, LLC | ||
Co-Managers: |
BMO Capital Markets Corp. | |
MUFG Securities Americas Inc. | ||
U.S. Bancorp Investments, Inc. | ||
Blaylock Van, LLC | ||
Cabrera Capital Markets LLC |
* | Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes on the date of pricing will be required, by virtue of the fact that the Notes initially will settle T+3, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of Notes who wish to trade the Notes on the date of pricing should consult their own advisors. |
The Issuer has filed a registration statement (including a preliminary prospectus supplement and an accompanying prospectus) with the Securities and Exchange Commission (the SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents that the Issuer has filed with the SEC, including the preliminary prospectus supplement, for more complete information about the Issuer and this offering. You may get these documents for free by visiting the SEC website at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the preliminary prospectus supplement and the accompanying prospectus if you request it by contacting: Barclays Capital Inc. toll free at 1-888-603-5847, BBVA Securities Inc. toll-free at (800) 422-8692, Commerz Markets LLC toll free at 1-800-233-9164, Mizuho Securities USA LLC toll free at 1-(866) 271-7403, Morgan Stanley & Co. LLC by calling 1-866-718-1649 or emailing prospectus@morganstanley.com or RBC Capital Markets, LLC by calling toll-free at 1-866-375-6829.
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