Capital Securities
| Name | Ticker | CUSIP | Dividend | Initial Liquidation Amount ($ millions) |
Par Amount per Share | Issue Date | Maturity Date | Distribution Dates |
|---|---|---|---|---|---|---|---|---|
| 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 | ALLYPRA1 | 361860208 | Fixed to Floating (8.125% through Feb. 15, 2016; 3mL + 5.785% thereafter) | $2,6672 | $25.00 | Mar. 7 2011 | Feb. 15 20403 | Feb. 15 May. 15 Aug. 15 Nov. 15 |
| Ally Series B Preferred Stock | Not Listed | 02005NBM1 | 4.700% through May 15, 2026; thereafter resetting every 5 years at the 5-year treasury rate + 3.868% | $1,350 | $1,000.00 | April 22, 2021 | Perpetual | Feb. 15 May. 15 Aug. 15 Nov. 15 |
- 1Listed on New York Stock Exchange
- 2On April 22, Ally Financial Inc. announced that GMAC Capital Trust I, a subsidiary trust of Ally, is redeeming (i) 56,000,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (CUSIP No. 361860208) (constituting approximately 53.206651% of the outstanding TRUPS) at a par price of $25.00 per unit, plus accrued interest payable from May 15, 2021 through the redemption date (which amount will be determined based on an annual rate equal to three-month LIBOR, to be determined as of May 13, 2021, plus 5.785%), and (ii) 1,680,000 units of its 8.125% Fixed Rate/Floating Rate Common Securities, Series 2 (constituting approximately 53.206651% of the outstanding Common Securities) at a par price of $25.00 per unit, plus all accrued and unpaid distributions thereon through the redemption date. Ally is also redeeming 57,680,000 units of its 8.125% Fixed Rate/Floating Rate Junior Subordinated Deferrable Interest Debentures due 2040 (constituting approximately 53.206651% of the outstanding Debentures) held by the Trust at a par price of $25.00 per unit, plus all accrued and unpaid dividends through the redemption date.
Corporate Bond Trustee
Bank of New York MellonCall
1-800-254-2826Transfer Agent & Registrar
ComputershareCall
1-877-373-6374The 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.