General Motors Financial Company (GM Financial) is a wholly-owned subsidiary of General Motors that provides financing and insurance products for GM vehicles.
A fixed-income instrument, specifically a bond identified by its ISIN code US37045XAY22 and CUSIP code 37045XAY2, was issued by General Motors Financial. General Motors Financial, a wholly-owned subsidiary of General Motors Company, operates as the global captive finance arm for the automotive giant, primarily providing a comprehensive suite of automotive financing products and services, including retail loans and leases for new and used vehicles, as well as wholesale financing for dealerships, thereby playing a critical role in supporting GM's vehicle sales and managing financial risk across the broader General Motors enterprise. This particular bond, denominated in US Dollars (USD) and issued in the United States, featured an annual interest rate, or coupon, of 3.2%, with interest payments disbursed semi-annually. The total size of this offering was substantial, amounting to $1,500,000,000, with a minimum purchase increment set at $2,000. This obligation reached its scheduled maturity date on July 13, 2020. Prior to its maturity, the bond's market price was observed at 100% of its face value. Following its maturity date, the bond has been fully redeemed, ensuring the return of principal to its bondholders as per its original terms.
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US37045XAY22 ( in USD )
