DBRS Rates Ally Financial Inc.’s $750 million Issuance of Senior Notes at BB (high), Trend Positive

DBRS, Inc. (DBRS) has today assigned a rating of BB (high) to the $750 million 3.250% Senior Notes due November 2018 (the Notes) issued by Ally Financial Inc. (Ally or the Company). The trend on the Notes is Positive. The proceeds from the Notes will be included in the general funds of Ally and available for general corporate purposes.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The principal applicable methodology is the Global Methodology for Rating Finance Companies (October 2015). Other applicable methodologies include Global Methodology for Rating Banks and Banking Organisations (June 2015) and DBRS Criteria – Support Assessments for Banks and Banking Organisations (March 2015). These can be found at: http://www.dbrs.com/about/methodologies.

The primary sources of information used for this rating include company documents and SNL Financial. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

For additional information on this rating, please refer to the linking document under Related Research.