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May 25, 2015 2:01 PM ET

Consumer Finance

Company Overview of Ally Financial Inc.

Company Overview

Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, including a range of financial services and insurance products to automotive dealers and retail customers. The company also provides automotive finance services, such as new and used vehicle inventory financing; inventory insurance; term loans, including real estate and working capital loans; and vehicle remarketing services, as well as vehicle service contracts (VCSs) and guaranteed automobile protection (GAP) products. In addition, it offers retail automotive financing for new and used vehicles, and leasing for new vehic...

200 Renaissance Center

PO Box 200

Detroit, MI 48265

United States

Founded in 1919

6,900 Employees

Phone:

866-710-4623

Key Executives for Ally Financial Inc.

Chief Executive Officer and Director
Age: 53
Total Annual Compensation: $600.0K
Chief Financial Officer
Age: 46
Total Annual Compensation: $500.0K
Chairman of Ally Bank, Chief Executive Officer of Ally Bank and President of Ally Bank
Age: 55
Total Annual Compensation: $600.0K
Group Vice President and General Counsel
Age: 61
Total Annual Compensation: $500.0K
Consultant
Age: 67
Compensation as of Fiscal Year 2014.

Ally Financial Inc. Key Developments

Ally Financial Inc. Announces Cash Tender Offers

Ally Financial Inc. announced that it has commenced cash tender offers to purchase up to $700,000,000 aggregate principal amount of the following series of notes issued by Ally: 8.000% Senior Guaranteed Notes due 2020 (the "8.000% Senior Guaranteed Notes"); 7.500% Senior Guaranteed Notes due 2020 (the "7.500% Senior Guaranteed Notes"); 8.000% Senior Notes due 2031 (the "2031 Notes"); 5.500% Senior Guaranteed Notes due 2017 (the "5.500% Senior Guaranteed Notes"); and 6.250% Senior Guaranteed Notes due 2017 (the "6.250% Senior Guaranteed Notes" and, together with the 8.000% Senior Guaranteed Notes, the 7.500% Senior Guaranteed Notes, the 2031 Notes and the 5.500% Senior Guaranteed Notes, the "Notes"). In addition to the Aggregate Maximum Tender Amount, no more than $150,000,000 aggregate principal amount of the 2031 Notes will be purchased in the Tender Offers (subject to increase by Ally, the "Tender Cap").

Aston Martin and Ally Financial Announces New Alliance Launching Closed Ended Lease and Retail Finance Program

Aston Martin The Americas and Ally Financial announced a new alliance launching a closed ended lease and retail finance program to U.S customers. Ally has been named as the preferred financing source for the British luxury car company and will offer its full suite of automotive financial products and services at Aston Martin's network of 37 dealerships in the United States. This will enable customers across the country to take advantage of attractive lease payments on a new Aston Martin. Through the agreement Ally will make available its premium services and comprehensive product offerings such as retail and lease financing to Aston Martin's U.S dealership network. Ally will also offer wholesale financing and remarketing services to U.S. dealers. The agreement extends to all core Aston Martin sports cars - from the agile and sporting V8 and V12 Vantage to the company's renowned GT cars; DB9, four-door Rapide S and Vanquish. Financial packages available from Aston Martin include access to competitive financing rates on 200 mph Aston Martins including the extreme performance model; V12 Vantage S from less than $1,900 per month and the four-door grand tourer; Rapide S from less than $2,300 per month.

Ally Financial Inc. to Provide Premium Services and Comprehensive Product Offerings, Including Retail and Lease Financing, Wholesale Financing, Re-Marketing and Insurance Offerings to Mitsubishi Motors North America, Inc

Ally Financial Inc. said Mitsubishi Motors North America Inc. has named it the preferred financing source for Mitsubishi Motors in the US. Through the agreement, Ally will provide its premium services and comprehensive product offerings, including retail and lease financing, wholesale financing, re-marketing and insurance offerings, at Mitsubishi's nearly 380 dealerships across the US. Mitsubishi Motors dealers will also be able to leverage Ally's education and training programs, customized marketing benefits and its Dealer Service Center, available seven days a week. The agreement with Ally replaces the MMNA brand's captive finance company, Mitsubishi Motors Credit of America Inc., broadening the existing relationship between Ally and MMNA.

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