New Issue: General Electric Capital prices $158.38 million notes in two tranches

By Andrea Heisinger

Omaha, May 8 - General Electric Capital Corp. priced $158.38 million senior unsecured notes (Aaa/AAA/) in two tranches, according to a 424B3 filing with the Securities and Exchange Commission.

The issue consisted of a $67.66 million tranche of 4% three-year notes priced at par and a $90.72 million tranche of 5.1% seven-year notes priced at par.

All of the notes are non-callable.

Agents were Banc of America Securities LLC, Incapital LLC, Charles Schwab & Co., Inc., Citigroup Global Markets Inc., Edward D. Jones & Co., LP, Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley, UBS Securities LLC and Wachovia Securities LLC.

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

Issuer:	General Electric Capital Corp.
Issue:	Senior unsecured notes
Amount:	$158,382,000
Agents:	Banc of America Securities LLC, Incapital LLC, Charles Schwab & Co., Inc., Citigroup Global Markets Inc., Edward D. Jones & Co., LP, Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley, UBS Securities LLC, Wachovia Securities LLC
Trade date:	May 5
Settlement date:	May 8
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA
Three-year tranche
Amount:	$67,659,000
Maturity:	May 15, 2011
Coupon:	4%
Price:	Par
Yield:	4%
Call:	Non-callable
Seven-year tranche
Amount:	$90,723,000
Maturity:	May 15, 2015
Coupon:	5.1%
Price:	Par
Yield:	5.1%
Call:	Non-callable

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