By Andrea Heisinger
New York, Oct. 5 - General Electric Capital Corp. sold $100 million of floating-rate notes due 2014 at par to yield Libor plus 35 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (A1/AA+/) are non-callable.
UBS Securities LLC was the bookrunner.
The funding arm of General Electric Co. is based in Norwalk, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Floating-rate notes
|
| Amount: | $100 million
|
| Maturity: | Oct. 10, 2014
|
| Bookrunner: | UBS Securities LLC
|
| Coupon: | Libor plus 35 bps
|
| Price: | Par
|
| Yield: | Libor plus 35 bps
|
| Call: | Non-callable
|
| Trade date: | Oct. 4
|
| Settlement date: | Oct. 10
|
| Ratings: | Moody's: A1
|
| Standard & Poor's: AA+
|
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