UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

July 16, 2013

(Date of report; date of

earliest event reported)

 

Commission file number: 1-3754

 

ALLY FINANCIAL INC.

(Exact name of registrant as specified in its charter)

 

 

  Delaware 38-0572512
  (State or other jurisdiction of (I.R.S. Employer
  incorporation or organization) Identification No.)

 

 

200 Renaissance Center

P.O. Box 200 Detroit, Michigan

48265-2000

(Address of principal executive offices)

(Zip Code)

 

(866) 710-4623

(Registrant's telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 
 

 

Item 8.01 Other Events.

 

As previously disclosed, one of Ally Financial Inc.’s (“Ally”) key strategic priorities is to repay the investment the United States Treasury (“Treasury”) has made in Ally. Ally is exploring a number of alternatives in furtherance of repaying Treasury and supporting its Comprehensive Capital Analysis and Review (“CCAR”) resubmission to the Federal Reserve Board, including a possible primary issuance of common stock by Ally, and the use of available cash (and the proceeds of any stock issuance by Ally) to address Treasury’s mandatorily convertible preferred shares. No decision has been made to pursue any approach under consideration and the implementation of any such approach may require regulatory and other approvals.

 

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

ALLY FINANCIAL INC.
  (Registrant)
   
   
   
Dated:  July 16, 2013 /s/ David J. DeBrunner
  David J. DeBrunner
  Vice President, Chief Accounting Officer and
  Controller
 

 

Gmac SR 7.35 SR Nts (NYSE:GJM)
Historical Stock Chart
Von Mai 2024 bis Jun 2024 Click Here for more Gmac SR 7.35 SR Nts Charts.
Gmac SR 7.35 SR Nts (NYSE:GJM)
Historical Stock Chart
Von Jun 2023 bis Jun 2024 Click Here for more Gmac SR 7.35 SR Nts Charts.