Capital Securities
8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2
Ticker: ALLYPRA (NYSE)
CUSIP:
361860208
Issue Date:
Mar 7, 2011
Distribution Dates:
Feb 15, May 15, Aug 15, Nov 15
Amount Outstanding ($ millions)
$191
Dividend:
Fixed to Floating (8.125% through Feb 15, 2016; 3mL + 5.785% thereafter)
Maturity Date :
Feb 15, 2040 (Reflects the maturity date of the related junior subordinated debentures)
Par Amount per Share
$25.00
4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B
Ticker: Not Listed
CUSIP:
02005NBM1
Issue Date:
April 22, 2021
Distribution Dates:
Feb 15, May 15, Aug 15, Nov 15
Amount Outstanding ($ millions)
$1,350
Dividend:
4.700% through May 15, 2026; thereafter resetting every 5 years at the 5-year treasury rate + 3.868%
Maturity Date :
Perpetual
Par Amount per Share
$1,000.00
4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C
Ticker: Not Listed
CUSIP:
02005NBN9
Issue Date:
June 2, 2021
Distribution Dates:
Feb 15, May 15, Aug 15, Nov 15
Amount Outstanding ($ millions)
$1,000
Dividend:
4.700% through May 15, 2028; thereafter resetting every 7 years at the 7-year treasury rate + 3.481%
Maturity Date :
Perpetual
Par Amount per Share
$1,000.00
What you should know.
-
ALLYPRA listed on New York Stock Exchange
-
On May 24, 2021, GMAC Capital Trust I, a subsidiary trust of Ally, redeemed 56,000,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 at a par price of $25.00 per unit, plus accrued interest. On July 2, 2021 GMAC Capital Trust I, a subsidiary of Ally, redeemed 41,600,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 at a par price of $25.00 per unit, plus accrued interest. On September 15, 2021, GMAC Capital Trust I, a subsidiary trust of Ally, provided a notice of redemption related to 7,650,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (constituting all of the outstanding TRUPS) at a par price of $25.00 per unit, plus accrued interest. The final redemption date for all of the outstanding TRUPS will be October 15, 2021.
The information included within these Capital Securities pages is provided for informational purposes only, and does not constitute an offer to sell or the solicitation of an offer to buy any securities. An investment in securities involves risks and uncertainties, including those described in the offering materials relating to the securities. Risks and uncertainties that could impact the company are discussed more fully in our most recent Annual Report on Form 10-K, as well as any updates provided in subsequent reports filed with the Securities and Exchange Commission. Before investing, consult your financial and legal advisors about risks associated with an investment in a particular issue of securities.