Ally Financial Inc. has launched a $1 Billion Series D Preferred Stock Offering. The offering involves 1 million shares of new 7.100% fixed-rate reset perpetual preferred stock.
Ally Financial Inc. is offering $1,000,000,000 of its new 7.100% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series D. The public offering is expected to settle on May 1, 2026, and dividends will be paid quarterly if declared. The offering price is set at $1,000 per preferred share with a dividend rate of 7.100%
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Company Information
Company
Ally Financial
Location
Detroit, Michigan, United States
About
Ally Financial Inc. is a financial services company with the nation's largest all-digital bank and an industry-leading auto financing business. The company serves more than 11 million customers through a full range of online banking services and securities brokerage and investment advisory services. Ally also includes a robust corporate finance business that offers capital for equity sponsors and middle-market companies, as well as auto financing and insurance offerings.
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