Quick Search
Top Banner

Session.supporter not defined

Register
quantumonline home Income Tables Income Lists Stock Lists Special Lists Investment Services Investment Information quantumonline home

GM Financial Company, Inc. Fixed-Rate Reset Cumulative Preferred Stock, Ser C
Ticker Symbol: TEMP23     CUSIP: 37045XDB9     Exchange:
Security Type:   Traditional Preferred Stock

QUANTUMONLINE.COM SECURITY DESCRIPTION:  General Motors Financial Company, Inc. Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series C, liquidation preference $1000 per share, redeemable at the issuer's option on 09/30/2030 and any dividend payment date thereafter at $1000 per share plus accrued and unpaid dividends, and with no stated maturity.

Cumulative distributions of the Annual Fixed Dividend Rate will be paid Semi-annually on 03/30 & 09/30 to holders of record on the record date fixed by the board prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The Annual Fixed Dividend Rate will be 5.70% until the first redemption date, then it will be equal to the sum of the Five-year U.S. Treasury Rate on the applicable fixed rate calculation date plus 4.997%, resetting every 5 years thereafter on applicable fixed rate calculation date (see prospectus for more details). Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-19 of the prospectus for further information).

This security was rated as Ba2 by Moody’s and BB+ by S&P at the date of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
Reset Rate
$57
$1,000.00
$1,000.00
9/30/2030
None
Ba1 NF
4/16/2023
03/30 & 09/30
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
YES

Go to Parent Company's Record (GM)

Notes:  The Series C Preferred Stock will not be listed for trading on any stock exchange.

IPO - 9/9/2020 - 500,000 Shares @ $1000/share.    Link to IPO Prospectus
Market Value $500.0 Million

Company's Online Information Links
HOME PAGE:     https://www.gm.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address InvestorRelations@gm.com
Email Contact Form on Website Go to Email Form

Address and Phone Numbers
Address:   300 Renaissance Center, Detroit, MI 48265
Main Phone Number 313-667-1500
Fax Number 313-556-5108
Investor Relations   Randy Arickx 313-667-1669
Toll Free Phone Number Unknown
CEO - Mary T. Barra CFO -  Paul A. Jacobson

Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.


investment Links contact quantumonline guestbook
quantumonline supporters about quantumonline using quantumonline


QuantumOnline.com
Copyright © 1997 - 2024 QuantumOnline.com. All rights reserved.
Web page design latest update: 2/5/2024
Web page financial information is most recent information available and more recent than last web page design date.