By Andrea Heisinger
New York, June 22 - General Electric Capital Corp. sold $500 million of 2.375% four-year notes on Monday at 99.847 to yield 2.415%, according to a market source and an FWP filing with the Securities and Exchange Commission.
There was no spread talk on the sale, the source said.
The notes (Aa2/AA+/) are non-callable.
Citigroup Global Markets Inc. was the lead manager.
The funding arm of General Electric Co. is based in Fairfield, Conn.
Issuer: | General Electric Capital Corp.
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Issue: | Global medium-term notes
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Amount: | $500 million
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Maturity: | June 30, 2015
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Lead manager: | Citigroup Global Markets Inc.
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Coupon: | 2.375%
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Price: | 99.847
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Yield: | 2.415%
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Call: | Non-callable
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Trade date: | June 20
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Settlement date: | June 23
|
Ratings: | Moody's: Aa2
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| Standard & Poor's: AA+
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