General Motors Financial Company (GM Financial) is a wholly-owned subsidiary of General Motors that provides financing and insurance products for GM vehicles.
An analysis of a recently matured fixed-income instrument sheds light on its key characteristics and the financial entity behind its issuance. This specific debt instrument, categorized as a bond, was uniquely identified by its International Securities Identification Number (ISIN) US37045XBY13 and CUSIP 37045XBY1. The issuer of this bond was General Motors Financial, a crucial player in the automotive finance sector, serving as the captive finance arm of General Motors Company; its core mission involves providing comprehensive financial services for vehicle purchases, leases, and dealer inventory financing globally, thereby supporting the parent company's sales and distribution network. The bond was originally issued in the United States, reflecting the issuer's primary operational base and regulatory framework. It was denominated in United States Dollars (USD) and offered a fixed annual interest rate of 3.15%. Interest payments to bondholders were structured on a semiannual basis, corresponding to a frequency of two payments per year. The bond reached its scheduled maturity on June 30, 2022, and prior to its redemption, the market price was observed at 100% of its par value, indicating its repayment at face value upon maturity. Confirming its full lifecycle, this debt obligation has successfully matured and has been fully redeemed, with all principal and final interest payments disbursed to the bondholders.
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US37045XBY13 ( in USD )
