By Andrea Heisinger
New York, Dec. 16 - General Electric Capital Corp. priced $850 million of floating-rate notes due June 2013 at par to yield Libor plus 60 basis points, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aa2/AA+/) are non-callable.
Bank of America Merrill Lynch ran the books.
The funding arm of General Electric Co. is based in Norwalk, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Floating-rate notes
|
| Amount: | $850 million
|
| Maturity: | June 19, 2013
|
| Bookrunner: | Bank of America Merrill Lynch
|
| Coupon: | Libor plus 60 bps
|
| Price: | Par
|
| Yield: | Libor plus 60 bps
|
| Call: | Non-callable
|
| Trade date: | Dec. 14
|
| Settlement date: | Dec. 19
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA+
|
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