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Published on 8/5/2009 in the Prospect News Investment Grade Daily.

New Issue: General Electric Capital sells $78.06 million Internotes in two parts

By Jennifer Chiou

New York, Aug. 5 - General Electric Capital Corp. priced $78.06 million of senior unsecured Internotes in two tranches, according to a 424B3 filing with the Securities and Exchange Commission.

The $52.07 million of six-year notes priced at par to yield 5.1%.

A second tranche of $25.99 million of 11-year notes priced at par to yield 6.2%.

Both tranches of notes are non-callable.

Agents were Bank of America Merrill Lynch, InCapital, Charles Schwab & Co., Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., UBS Investment Bank and Wachovia Capital Markets LLC.

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

Issuer:General Electric Capital Corp.
Issue:Senior unsecured Internotes
Total amount:$78,055,000
Agents:Bank of America Merrill Lynch, InCapital, Charles Schwab & Co., Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., UBS Investment Bank, Wachovia Capital Markets LLC
Call:Non-callable
Trade date:Aug. 3
Settlement date:Aug. 6
Six-year notes
Amount:$52,068,000
Maturity:Aug. 15, 2015
Coupon:5.1%
Price:Par
Yield:5.1%
11-year notes
Amount:$25,987,000
Maturity:Aug. 15, 2020
Coupon:6.2%
Price:Par
Yield:6.2%

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