FWP 1 d371017dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus

Filed Pursuant to Rule 433

Registration No. 333-171519 and

333-171519-01 through 333-171519-05

Final Term Sheet dated June 21, 2012

 

LOGO

4.625% Senior Guaranteed Notes due 2015

Guaranteed by Certain Subsidiaries of Ally Financial Inc.

 

Issuer:    Ally Financial Inc. (“Ally”)
Guarantors:    Ally US LLC, IB Finance Holding Company, LLC, GMAC Latin America Holdings LLC, GMAC International Holdings B.V. and GMAC Continental Corporation, each a subsidiary of Ally
Expected Ratings:    B1 / B+ / BB- (Moody’s/S&P/Fitch)
Title of Securities:    4.625% Senior Guaranteed Notes due 2015 (the “Notes”)
Legal Format:    SEC Registered
Trade Date:    June 21, 2012
Settlement Date:    June 26, 2012 (T+3)
Final Maturity Date:    June 26, 2015
Aggregate Principal Amount:    $1,000,000,000
Gross Proceeds:    $993,100,000
Underwriting Discount:    0.875%
Net Proceeds to Ally before Estimated Expenses:    $984,350,000
Coupon:    4.625%
Issue Price:    99.310%
Benchmark Treasury:    0.375% due June 15, 2015
Benchmark Treasury Yield:    0.409%
Spread to Benchmark Treasury:    446.6 bps
Yield to Maturity:    4.875%
Interest Payment Dates:    Semi-annually, in arrears on June 26 and December 26 of each year, until maturity, commencing December 26, 2012
Optional Redemption:    None
Day Count Convention:    30/360; Unadjusted, Following Business Day convention
Business Days:    New York
Concurrent Debt Offerings:    Ally is also offering $500,000,000 of its 5.500% Senior Guaranteed Notes due 2017
CUSIP/ISIN Numbers:    CUSIP: 02005N AM2
   ISIN: US02005NAM20
Joint Book-Running Managers:   

Barclays Capital Inc.

Citigroup Global Markets Inc.

Goldman, Sachs & Co.

J.P. Morgan Securities LLC

Co-Managers:   

Credit Agricole Securities (USA) Inc.

Deutsche Bank Securities Inc.

Lloyds Securities Inc.

RBC Capital Markets, LLC

RBS Securities Inc.

Scotia Capital (USA) Inc.

U.S. Bancorp Investments, Inc.

Loop Capital Markets LLC

Mischler Financial Group, Inc.

Samuel A. Ramirez & Company, Inc.

Denominations:    2,000 x 1,000

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The Issuer has filed a registration statement (including a prospectus and related preliminary prospectus supplement for the offering) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement, the accompanying prospectus in that registration statement and the other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll-free at 1-888-603-5847, Citigroup Global Markets Inc. toll-free at 1-877-858-5407, Goldman, Sachs & Co. toll-free at 1-866-471-2526 or J.P. Morgan Securities LLC collect at 212-834-4533.

This communication should be read in conjunction with the preliminary prospectus supplement and the accompanying prospectus. The information in this communication supersedes the information in the preliminary prospectus supplement and the accompanying prospectus to the extent it is inconsistent with the information in such preliminary prospectus supplement or the accompanying prospectus.