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