By Andrea Heisinger
New York, June 25 - General Electric Capital Corp. reopened its issue of 4.65% global medium-term notes due in Oct. 17, 2021 to add $250 million, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aa2/AA+) were priced at 111.129 to yield 3.254% with a spread of Treasuries plus 165 basis points.
The notes are non-callable.
Total issuance is $2 billion, including $1.75 billion sold on Oct. 12, 2011 at 247 bps over Treasuries.
U.S. Bancorp Investments Inc. was the bookrunner.
The financial services arm of General Electric Co. is based in Norwalk, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Global medium-term notes
|
| Amount: | $250 million
|
| Maturity: | Oct. 17, 2021
|
| Bookrunner: | U.S. Bancorp Investments Inc.
|
| Coupon: | 4.65%
|
| Price: | 111.129
|
| Yield: | 3.254%
|
| Spread: | Treasuries plus 165 bps
|
| Call: | Non-callable
|
| Trade date: | June 21
|
| Settlement date: | June 26
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA+
|
| Total issuance: | $2 billion, including $1.75 billion sold Oct. 12, 2011 at 247 bps over Treasuries
|
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