Replies to post #5 on Ally Financial Inc (ALLY)

[Danna]

All of the shares are offered by Treasury as part of its planned exit of its investment in Ally. After giving effect to the issuance and sale of shares in the initial public offering, Treasury will own 17 percent of the shares of Ally's outstanding common stock. Including the initial public offering, Treasury has recovered $17.7 billion on the Ally investment, which is approximately $500 million more than was originally invested in the company.

Citigroup, Goldman, Sachs & Co., Morgan Stanley and Barclays are acting as joint global coordinators and joint book-running managers on the offering. Joint book-running managers also include BofA Merrill Lynch, Deutsche Bank Securities and J.P. Morgan.