Ally Financial Inc. — Regulatory Filings 2016

Aug 29, 2016

424B2 1 v447946_424b2.htm PRELIMINARY PRICING SUPPLEMENT

Filed under Rule 424(b)(2), Registration Statement No. 333-206284

Preliminary Pricing Supplement No. 118 - Dated Monday, August 29, 2016 (To: Prospectus dated August 10, 2015)

| CUSIP | Principal | Selling | Gross | Net | Coupon | Coupon | Coupon | Maturity | 1st
Coupon | 1st
Coupon | Survivor's | Product |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Number | Amount | Price | Concession | Proceeds | Type | Rate | Frequency | Date | Date | Amount | Option | Ranking |
| 02006DKV2 | [] | 100.00 % (1) | 1.125 % | [] | Fixed | 2.750 % | Monthly | 09/15/2019 | 10/15/2016 | $2.75 | Yes | Senior Unsecured Notes |
| Redemption Information: Callable
at 100% on 9/15/2017 and Monthly thereafter with 30 Calendar Days Notice. | | | | | | | | | | | | |
| (1) Investment advisers,
either registered under the Investment Advisers Act of 1940 or exempt therefrom, purchasing Notes for the account of their
advisory clients may be offered Notes at a 0.4500 % discount to the public offering price. | | | | | | | | | | | | |
| 02006DKW0 | [] | 100.00 % (2) | 1.700 % | [] | Fixed | 3.200 % | Monthly | 09/15/2021 | 10/15/2016 | $3.20 | Yes | Senior Unsecured Notes |
| Redemption
Information: Callable at 100% on 9/15/2017 and Monthly thereafter with 30 Calendar Days Notice. | | | | | | | | | | | | |
| (2) Investment advisers, either registered under the Investment Advisers Act of 1940 or exempt therefrom, purchasing Notes
for the account of their advisory clients may be offered Notes at a 0.7500 % discount to the public offering price. | | | | | | | | | | | | |

| Ally
Financial Inc. | Ally
Financial Inc. |
| --- | --- |
| Trade
Date: Tuesday, September 6, 2016 @ 12:00 PM ET | Ally
Financial Term Notes, Series A |
| Settle
Date: Friday, September 9, 2016 | Prospectus
dated August 10, 2015 |
| Minimum
Denomination/Increments: $1,000.00/$1,000.00 | |
| Initial
trades settle flat and clear SDFS: DTC Book Entry only | |
| DTC
Number 0235 via RBC Dain Rauscher Inc | |
| Agents:
Incapital LLC, Citigroup, RBC Capital Markets, Morgan Stanley, J.P. Morgan | |
| If
the maturity date or an interest payment date for any note is not a business day (as term is defined in prospectus), principal,
premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after,
the maturity date or interest payment date. | |

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