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Update: Market Chatter: General Motors Financial Prices $1 Billion Three-Year Bond at Tighter Spread

BY MT Newswires | TREASURY | 10/22/25 03:13 PM EDT

03:13 PM EDT, 10/22/2025 (MT Newswires) -- (Updates with deal pricing, new headline, and spread details in the first two paragraphs.)

General Motors' (GM) lending arm, General Motors Financial, priced a $1 billion three-year bond on Wednesday, Bloomberg reported, citing a person familiar with the deal.

The note will yield about 0.78 percentage point above comparable US Treasuries, tighter than the initial guidance of around 1.1 percentage points, the report said.

The bond is expected to be rated Baa2 by Moody's Ratings and BBB by both S&P Global Ratings and Fitch Ratings, according to the report.

Representatives of General Motors (GM) did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 67.43, Change: +0.81, Percent Change: +1.22

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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