Issuer Free Writing Prospectus filed pursuant to Rule 433
supplementing the Preliminary Prospectus Supplement dated
April 5, 2018 and the Prospectus dated July 17, 2017
RegistrationNo. 333-219323
Terms Applicable to the Notes
Issuer: | General Motors Financial Company, Inc. | |
Guarantor: | AmeriCredit Financial Services, Inc. | |
Trade Date: | April 5, 2018 | |
Settlement Date: | April 10, 2018 (T+3)* | |
Form of Offering: | SEC Registered (RegistrationNo. 333-219323) |
Terms applicable to
Floating Rate Senior Notes due 2021
Aggregate Principal Amount: | $500,000,000 | |
Maturity Date: | April 9, 2021 | |
Public Offering Price: | 100.000%, plus accrued and unpaid interest, if any, from April 10, 2018 | |
Interest Rate Basis: | Three-month LIBOR | |
Spread to LIBOR: | +85 bps | |
Interest Payment Dates: | January 9, April 9, July 9 and October 9, commencing on July 9, 2018 | |
Interest Rate Determination: | Three-month LIBOR, determined as of two London business days prior to the settlement date or the relevant interest reset date, as applicable, plus 0.85% per annum | |
Interest Reset Dates: | Quarterly on January 9, April 9, July 9 and October 9, commencing on July 9, 2018 | |
Day Count Convention: | Actual / 360 | |
Redemption: | The notes shall not be redeemable prior to their maturity | |
Regular Record Dates: | 15 calendar days prior to each interest payment date | |
Calculation Agent: | Wells Fargo Bank, N.A. | |
CUSIP / ISIN: | 37045X CH7/ US37045XCH70 |
Joint Book-Running Managers: | Credit Agricole Securities (USA) Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated RBC Capital Markets, LLC SG Americas Securities, LLC | |
Co-Managers: | BMO Capital Markets Corp. RBS Securities Inc. Santander Investment Securities Inc. Cabrera Capital Markets, LLC Loop Capital Markets LLC |
Terms applicable to
3.550% Senior Notes due 2021
Aggregate Principal Amount: | $1,000,000,000 | |
Final Maturity Date: | April 9, 2021 | |
Public Offering Price: | 99.961%, plus accrued and unpaid interest, if any, from April 10, 2018 | |
Benchmark Treasury: | 2.375% due March 15, 2021 | |
Benchmark Treasury Yield: | 2.444% | |
Spread to Benchmark Treasury: | T+112 bps | |
Coupon: | 3.550% | |
Yield to Maturity: | 3.564% | |
Interest Payment Dates: | April 9 and October 9, commencing on October 9, 2018 | |
Day Count Convention: | 30 / 360 | |
Optional Redemption: | Make-whole call at T+20 bps | |
CUSIP / ISIN: | 37045X CJ3 / US37045XCJ37 | |
Joint Book-Running Managers: | Credit Agricole Securities (USA) Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated RBC Capital Markets, LLC SG Americas Securities, LLC | |
Co-Managers: | BMO Capital Markets Corp. RBS Securities Inc. Santander Investment Securities Inc. Cabrera Capital Markets, LLC Loop Capital Markets LLC |
Terms applicable to
4.350% Senior Notes due 2025
Aggregate Principal Amount: | $1,000,000,000 | |
Final Maturity Date: | April 9, 2025 | |
Public Offering Price: | 99.946%, plus accrued and unpaid interest, if any, from April 10, 2018 | |
Benchmark Treasury: | 2.625% due March 31, 2025 | |
Benchmark Treasury Yield: | 2.759% | |
Spread to Benchmark Treasury: | T+160 bps | |
Coupon: | 4.350% | |
Yield to Maturity: | 4.359% | |
Interest Payment Dates: | April 9 and October 9, commencing on October 9, 2018 | |
Day Count Convention: | 30 / 360 | |
Optional Redemption: | Make-whole call at T+25 bps prior to February 9, 2025 (the date that is two months prior to the final maturity date)
Par call on or after February 9, 2025 (the date that is two months prior to the final maturity date) | |
CUSIP / ISIN: | 37045X CK0 / US37045XCK00 | |
Joint Book-Running Managers: | Credit Agricole Securities (USA) Inc. Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated RBC Capital Markets, LLC SG Americas Securities, LLC | |
Co-Managers: | BMO Capital Markets Corp. RBS Securities Inc. Santander Investment Securities Inc. Cabrera Capital Markets, LLC Loop Capital Markets LLC |
* | Under Rule15c6-1 under the Exchange Act, 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 advisor. |
The Issuer has filed a registration statement (including a preliminary prospectus supplement and an accompanying prospectus) with 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: Credit Agricole Securities (USA) Inc., telephone: (866)807-6030; Goldman Sachs & Co. LLC, telephone: (866)471-2526, email:prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, telephone:1-212-834-4533; Merrill Lynch, Pierce, Fenner & Smith Incorporated, telephone: (800)294-1322, email: dg.prospectus_requests@baml.com; RBC Capital Markets, LLC, telephone: (866)375-6829, email: usdebtcapitalmarkets@rbccm.com; and SG Americas Securities, LLC, telephone: (855)881-2108.