Deals 04/19/2021

Loop Capital Markets acts as co-manager on a $1.35 billion preferred offering for Ally Financial, Inc.

On April 19, 2021, Loop Capital Markets acted as a co-manager on a one tranche, $1.35 billion, preferred offering for Ally Financial, Inc.

Use of proceeds are earmarked for redeeming a portion of the Company’s 8.125% fixed rate/floating rate trust preferred securities.