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General Motors Offers Senior Unsecured Notes

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General Motors Co. (NYSE: GM) has announced the launch of an offering of senior unsecured fixed rate notes. The proceeds will be utilized to finance or refinance projects under GM's Sustainable Finance Framework. A registration statement has been filed with the SEC, including a prospectus for this offering. Prospective investors can access more information via the SEC's EDGAR database or by contacting various financial institutions listed in the release. This press release does not constitute an offer to sell or a solicitation to buy these securities.

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DETROIT, July 28, 2022 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. 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.

Additionally, 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. Alternatively, copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained by contacting the joint book-running managers:

Barclays Capital Inc.
c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 (or by email at barclaysprospectus@broadridge.com or telephone at 1-888-603-5847)

BNP Paribas Securities Corp.
787 7th Avenue, 3rd Floor New York, New York 10019 or by calling toll-free at 1-800-854-5674

BofA Securities, Inc.
200 North College Street, NC1-004-03-43, Charlotte, North Carolina 28255-0001, Attn: Prospectus Department, Toll-free: 1-800-294-1322, E-mail: dg.prospectus_requests@bofa.com

Citigroup Global Markets Inc.
c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at 1-800-831-9146

Credit Agricole Securities (USA) Inc.
Attention: Fixed Income Syndicate, 1301 Avenue of the Americas, 17th Floor, New York, New York 10019 or by calling toll-free at 1-866-807-6030

Goldman Sachs & Co. LLC
Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com

J.P. Morgan Securities LLC
383 Madison Avenue, New York, New York, 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, telephone collect at 1-212-834-4533

Morgan Stanley & Co. LLC
Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014 or by calling toll-free at 1-866-718-1649

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer or sale of these securities will be made only by means of a prospectus, including a prospectus supplement, forming a part of the related registration statement.

General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which powers everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com. 

Cautionary Note on Forward-Looking Statements: This press release contains forward-looking statements that represent our current judgment about possible future events. In making these statements we rely on assumptions and analysis based on our experience and perception of historical trends, current conditions and expected future developments as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors, both positive and negative. A list and description of these factors can be found in our Annual Report on Form 10-K and our subsequent filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. We undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors that affect the subject of these statements, except where we are expressly required to do so by law.

Cision View original content:https://www.prnewswire.com/news-releases/general-motors-offers-senior-unsecured-notes-301595343.html

SOURCE General Motors Co.

FAQ

What is General Motors' new offering related to on July 28, 2022?

On July 28, 2022, General Motors announced an offering of senior unsecured fixed rate notes to finance sustainable projects.

How will GM use the proceeds from the new notes offering?

GM intends to use the net proceeds from the offering to finance or refinance eligible projects described in its Sustainable Finance Framework.

Where can investors find more information about GM's notes offering?

Investors can find more information by accessing the SEC's EDGAR database or contacting joint book-running managers listed in the press release.

What does the registration statement filed by GM include?

The registration statement includes a prospectus and preliminary prospectus supplement for the offering of the senior unsecured notes.

Is GM's press release an offer to sell securities?

No, the press release does not constitute an offer to sell or a solicitation of an offer to buy these securities.

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