By Andrea Heisinger
New York, Nov. 1 - General Electric Capital Corp. reopened an issue of senior floating-rate notes due 2013 to add $80 million, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aa2/AA+/) were priced at 100.007036 with a coupon of Libor plus 60 basis points.
Total issuance is $830 million, including $750 million priced on Sept. 9 at par.
Mischler Financial Group was the lead manager.
The funding arm of General Electric Co. is based in Fairfield, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Floating-rate senior notes
|
| Amount: | $80 million
|
| Maturity: | March 14, 2013
|
| Lead manager: | Mischler Financial Group
|
| Coupon: | Libor plus 60 bps
|
| Price: | 100.007036
|
| Trade date: | Oct. 28
|
| Settlement date: | Nov. 2
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA+
|
| Total issuance: | $830 million, including $750 million floaters sold Sept. 9 at par
|
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