By Andrea Heisinger
New York, Sept. 16 - General Electric Capital Corp. priced $600 million in 4.375% six-year notes Wednesday to yield Treasuries plus 200 basis points, a market source said.
The non-callable notes (Aa2/AA+/) priced at 99.656 to yield 4.441%.
Bookrunners were Barclays Capital Inc., HSBC Securities (USA) Inc. and Morgan Stanley & Co. Inc.
The funding arm of General Electric Co. is based in Fairfield, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Notes
|
| Amount: | $600 million
|
| Maturity: | Sept. 21, 2015
|
| Bookrunners: | Barclays Capital Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. Inc.
|
| Coupon: | 4.375%
|
| Price: | 99.656
|
| Yield: | 4.441%
|
| Spread: | Treasuries plus 200 bps
|
| Call: | Non-callable
|
| Trade date: | Sept. 16
|
| Settlement date: | Sept. 21
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA+
|
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