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General Motors (GM) Prices $2.25B of Senior Unsecured Notes

July 28, 2022 6:58 PM EDT

General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured fixed rate notes for a total of $2.25 billion. These notes include $1.0 billion of 5.40 percent notes due in 2029 and $1.25 billion of 5.60 percent notes due in 2032. The offering is expected to settle on August 2, 2022.

GM intends to use the net proceeds from the sale of the notes to finance or refinance, in whole or in part, eligible projects described in GM's Sustainable Finance Framework.

GM has filed a registration statement, including a prospectus and preliminary prospectus supplement, with the SEC for this offering. Prospective investors should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents GM has filed with the SEC for more complete information about GM and this offering. The documents are available for free by visiting EDGAR on the SEC website at sec.gov.



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