By Andrea Heisinger
New York, Sept. 12 - General Electric Capital Corp. priced $87 million of five-year global floating-rate notes to yield three-month Libor plus 123 basis points, according to a 424B3 filing with the Securities and Exchange Commission.
The senior unsecured notes (Aaa/AAA/) priced at 98.963 with a coupon of three-month Libor plus 100 bps.
Interest is payable quarterly.
CastleOak Securities LP was the bookrunner.
The funding branch of General Electric is based in Fairfield, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Senior unsecured global floating-rate notes
|
| Amount: | $87 million
|
| Maturity: | Sept. 23, 2013
|
| Bookrunner: | CastleOak Securities LP
|
| Coupon: | Three-month Libor plus 100 bps, payable quarterly
|
| Price: | 98.963
|
| Yield: | Three-month Libor plus 123 bps
|
| Trade date: | Sept. 10
|
| Settlement date: | Sept. 23
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
