General Motors Launches $2 Billion Senior Note Offering

Author: Dylan Bailey Updated: 05-05-2025 05:43 PM

Overview of the Senior Unsecured Notes Offering

General Motors (NYSE: GM) has made headlines by pricing three series of senior unsecured fixed-rate notes worth $2 billion. This bold move reflects GM's ongoing commitment to strengthen its financial position and support its strategic initiatives.

Details of the Offering

The comprehensive offering consists of $750 million in 5.350% notes maturing in 2028, another $750 million in 5.625% notes due in 2030, and $500 million in 6.250% notes maturing in 2035. The anticipated settlement date for this issuance is on May 7, 2025, marking an important milestone for the automaker.

Utilization of Proceeds

GM has designated the net proceeds from this offering for several essential corporate purposes. A significant portion will be allocated to refinance $1.25 billion of its 6.125% senior notes that are due shortly. Additionally, funds will support GM's ambitious plans to lend $1.8 billion to its joint venture, Ultium Cells LLC, which collaborates with LG Energy Solution in developing advanced battery technology.

Registration and Investor Information

To ensure transparency and compliance, GM has filed a registration statement with the Securities and Exchange Commission (SEC). This includes a prospectus and a preliminary prospectus supplement related to the offering. Investors are encouraged to review these documents to understand the details of this offering, which will be available through the SEC's EDGAR database.

Contact Information for Investors

Investors wishing to inquire further may contact the joint book-running managers of the offering, such as Citigroup Global Markets Inc. at their New York office or Goldman Sachs & Co. LLC for additional assistance. Wells Fargo Securities is also available for investor queries.

About General Motors

General Motors (NYSE: GM) is at the forefront of transforming the automotive landscape, focusing on innovation and sustainability. The company is dedicated to creating a future where transportation is safer, smarter, and more environmentally friendly. With brands such as Buick, Cadillac, Chevrolet, and GMC, GM is not just enhancing its portfolio of gasoline-powered vehicles but is also leading the charge towards an all-electric future by offering a diverse range of EVs.

Frequently Asked Questions

What is the total amount being raised through the notes offering?

General Motors is raising a total of $2 billion through the issuance of senior unsecured fixed-rate notes.

What are the scheduled maturities for the notes issued by GM?

The notes will mature in three different timelines: 2028, 2030, and 2035.

What will GM use the proceeds from the notes for?

The proceeds will be utilized for general corporate purposes, including refinancing existing debts and funding joint ventures related to battery technology.

How can investors access the registration statement for the offering?

Investors can access the registration statement, including the prospectus, through the SEC's EDGAR database.

What is the main focus of General Motors moving forward?

GM aims to transition towards an all-electric future by enhancing its electric vehicle technology while maintaining a strong lineup of traditional vehicles.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.