11/13/2024 | Press release | Distributed by Public on 11/13/2024 08:42
Filed under Rule 424(b)(2), Registration Statement No. 333-281524 | |||||||||||||||||||||||
Preliminary Pricing Supplement No. 370 - Dated Tuesday, November 12, 2024 (To: Prospectus dated August 13, 2024) | |||||||||||||||||||||||
CUSIP | Principal | Gross | Net | Coupon | Coupon | Coupon | Maturity | 1st Coupon | 1st Coupon | Survivor's | Product | ||||||||||||
Number | Amount | Selling Price | Concession | Proceeds | Type | Rate | Frequency | Date | Date | Amount | Option | Ranking | |||||||||||
02006DW49 | [] | 100.00% | 0.825% | [] | Fixed | 5.300% | Monthly | 11/15/2027 | 12/15/2024 | $3.53 | Yes | Senior Unsecured Notes | |||||||||||
Redemption Information: Callable at 100% on 5/15/2025 and Semi-Annually thereafter with 30 Calendar Days Notice. | |||||||||||||||||||||||
02006DW56 | [] | 100.00% | 1.250% | [] | Fixed | 5.450% | Monthly | 11/15/2029 | 12/15/2024 | $3.63 | Yes | Senior Unsecured Notes |
Redemption Information: Callable at 100% on 5/15/2025 and Semi-Annually thereafter with 30 Calendar Days Notice. |
Ally Financial Inc. |
Offering Date: Tuesday, November 12, 2024 through Monday, November 18, 2024 Trade Date: Monday, November 18, 2024 @ 12:00 PM ET Settle Date: Thursday, November 21, 2024 Minimum Denomination/Increments: $1,000.00/$1,000.00 Initial trades settle flat and clear SDFS: DTC Book Entry only DTC Number 0235 via RBC Dain Rauscher Inc Agents: InspereX LLC, Citigroup, J.P. Morgan, BofA Securities, Morgan Stanley, RBC Capital Markets Except for Notes sold to level-fee accounts, Notes offered to the public will be offered at the public offering price set forth in this Pricing Supplement. Selected dealers purchasing Notes on an agency basis for non-level fee client accounts shall purchase Notes at the public offering price. Notes purchased by the selected dealers for their own account may be purchased at the public offering price less the applicable concession. Notes purchased by the selected dealers on behalf of level-fee accounts may be sold to such accounts at the applicable concession to the public offering price, in which case, such selected dealers will not retain any portion of the sales price as compensation. If the maturity date or an interest payment date for any note is not a business day (as term is defined in prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date or interest payment date. |
Ally Financial Inc. Ally Financial Term Notes, Series A Prospectus dated August 13, 2024 |