E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/23/2012 in the Prospect News Investment Grade Daily.

New Issue: GE Capital sells $100 million floaters due 2014 at Libor plus 20 bps

By Andrea Heisinger

New York, Oct. 23 - General Electric Capital Corp. priced $100 million of global senior floating-rate notes due April 25, 2014 at par to yield Libor plus 20 basis points, according to an FWP filing with the Securities and Exchange Commission.

The notes are non-callable.

Citigroup Global Markets Inc. was the bookrunner.

The funding arm of General Electric Co. is based in Norwalk, Conn.

Issuer:General Electric Capital Corp.
Issue:Global senior floating-rate notes
Amount:$100 million
Maturity:April 25, 2014
Bookrunner:Citigroup Global Markets Inc.
Coupon:Libor plus 20 bps
Price:Par
Yield:Libor plus 20 bps
Call:Non-callable
Trade date:Oct. 22
Settlement date:Oct. 25

© 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.