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GE Capital plans January issue of FDIC-backed notes
By Andrea Heisinger
New York, Dec. 22 - General Electric Capital Corp. is planning another issue of notes backed by the Federal Deposit Insurance Corp. Temporary Liquidity Guarantee Program, a market source said Monday.
The issue is planned for January, he said.
The company issued a $6.5 billion multi-tranche offering of FDIC-backed notes on Dec. 5 and has since reopened them several times.
The financing arm of General Electric is based in Fairfield, Conn.
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