Item 1.02 Termination of a Material Definitive Agreement.
Information set forth in Item 8.01 below, as to the satisfaction and discharge
of the Indenture governing the Debentures, is incorporated by reference into
this Item 1.02.
Item 8.01 Other Events.
Effective as of October 15, 2021 (the "Redemption Date"), Ally Financial Inc.
("Ally") redeemed all of the outstanding 7,879,500 units of its 8.125% Fixed
Rate/Floating Rate Junior Subordinated Deferrable Interest Debentures due 2040
(the "Debentures") in accordance with the terms of the Amended and Restated
Indenture, dated March 1, 2011 (the "Indenture"), between Ally and The Bank of
New York Mellon, as Trustee (the "Trustee"), and, as a result, GMAC Capital
Trust I, a subsidiary trust of Ally, redeemed (i) all of the outstanding
7,650,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred
Securities, Series 2 (the "TRUPS") and (ii) all of the outstanding 229,500 units
of its 8.125% Fixed Rate/Floating Rate Common Securities, Series 2 (the "Common
Securities"). Ally previously notified the holders of the Debentures, the TRUPS
and the Common Securities that it had elected to redeem the Debentures, the
TRUPS, and the Common Securities on the Redemption Date.
Ally has irrevocably deposited with the Trustee sufficient funds to fund the
redemption of the Debentures. As a result, Ally has been released from its
obligations under the Indenture pursuant to the satisfaction and discharge
provisions thereunder, effective as of the Redemption Date.
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ALLY FINANCIAL INC. 
