Ally Financial Announces the Early Results of Cash Tender Offers and Increases Aggregate Maximum Tender Amount PR Newswire DETROIT, May 29, 2015 DETROIT , May 29, 2015 /PRNewswire/ — Ally Financial Inc. (NYSE: ALLY) today announced the early results of its previously announced cash tender offers (the “Tender Offers”) to purchase, pursuant to the terms and conditions as described in an Offer to Purchase, dated May 14, 2015 , and related Letter of Transmittal (together, the “Offer Documents”), up to $700,000,000 aggregate principal amount (subject to increase by Ally, the “Aggregate Maximum Tender Amount”) of the following series of notes issued by Ally: 8.000% Senior Guaranteed Notes due 2020 (the “8.000% Senior Guaranteed Notes” or “Priority 1 Notes”); 7.500% Senior Guaranteed Notes due 2020 (the “7.500% Senior Guaranteed Notes” or “Priority 2 Notes”); 8.000% Senior Notes due 2031 (the “2031 Notes” or “Priority 3 Notes”), provided that Ally will accept for purchase no more than $150,000,000 aggregate principal amount of 2031 Notes in the Tender Offers (subject to increase by Ally, the “Tender Cap”); 5.500% Senior Guaranteed Notes due 2017 (the “5.500% Senior Guaranteed Notes”); and 6.250% Senior Guaranteed Notes due 2017 (the “6.250% Senior Guaranteed Notes” and, together with the 5.500% Senior Guaranteed Notes, the “Priority 4 Notes”) (collectively with the 8.000% Senior Guaranteed Notes, the 7.500% Senior Guaranteed Notes and the 2031 Notes, the “Notes”). Ally also announced today that it increased the aggregate maximum principal amount of Notes that may be accepted for purchase in the Tender Offers from $700,000,000 to $875,000,000 (as so increased, the “Revised Aggregate Maximum Tender Amount”) […]
