GM Financial Announces $1.0 Billion Senior Subordinate Asset-Backed Securitization

  GM Financial Announces $1.0 Billion Senior Subordinate Asset-Backed
  Securitization

Business Wire

FORT WORTH, Texas -- January 15, 2013

GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”), 
announced the pricing of a $1.0 billion offering of automobile
receivables-backed securities through lead managers Deutsche Bank Securities;
Goldman, Sachs & Co.; RBC Capital Markets; and RBS. Co-managers are Citigroup
and Credit Suisse. GM Financial uses net proceeds from securitization
transactions for long-term financing of its receivables.

The securities will be issued via an owner trust, AmeriCredit Automobile
Receivables Trust 2013-1 in seven classes of Notes:

Note Class  Amount           Average Life   Price       Interest Rate
A-1          $184,000,000       0.22 years       100.00000     0.24000%
A-2          313,600,000        0.95 years       99.99670      0.49%
A-3          212,690,000        2.16 years       99.99738      0.61%
B            76,520,000         2.98 years       99.97484      1.07%
C            94,980,000         3.56 years       99.99020      1.57%
D            93,410,000         4.02 years       99.97374      2.09%
E            24,800,000         4.04 years       99.97570      2.64%
             $1,000,000,000
                                                               

The weighted average coupon on the Notes to be paid by GM Financial is 1.2%.

The Note Classes are rated by DBRS and Standard & Poor’s. The ratings by Note
Class will be at least:

Note Class   DBRS             S&P
A-1            R-1(high) (sf)     A-1+ (sf)
A-2            AAA (sf)           AAA (sf)
A-3            AAA (sf)           AAA (sf)
B              AA (sf)            AA (sf)
C              A (sf)             A (sf)
D              BBB (sf)           BBB (sf)
E              BB (sf)            BB (sf)
                                  

The 2013-1 transaction will have initial credit enhancement of 7.25%,
consisting of a 2.00% cash deposit and 5.25% overcollateralization. Total
required enhancement will build to 14.25% of the then-outstanding receivable
pool balance, which includes the initial 2.00% cash deposit.

Copies of the prospectus relating to the public offering of receivables-backed
securities may be obtained from the lead managers and co-managers. The Class E
Notes have been privately offered via a private placement memorandum which may
be obtained from the lead managers. This press release shall not constitute an
offer to sell or the solicitation of an offer to buy the securities described
in this press release, nor shall there be any sale of these securities in any
State in which such offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such State.

About GM Financial

General Motors Financial Company, Inc. provides auto finance solutions through
auto dealers across the United States and Canada. GM Financial has
approximately 3,700 employees, over 809,000 customers and $16.3 billion in
assets. The Company is a wholly-owned subsidiary of General Motors Company and
is headquartered in Fort Worth, Texas. For more information, visit
www.gmfinancial.com.

Contact:

General Motors Financial Company, Inc.
Investor Relations
Susan Sheffield, 817-302-7000
 
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