By Andrea Heisinger
New York, Feb. 1 - General Electric Capital Corp. sold $500 million of 2.45% five-year notes at 176 basis points over Treasuries, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aa2/AA+/) were sold at 99.807 to yield 2.49%. They are non-callable.
Citigroup Global Markets Inc. was the lead manager.
The funding arm of General Electric Co. is based in Norwalk, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Senior notes
|
| Amount: | $500 million
|
| Maturity: | March 15, 2017
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | 2.45%
|
| Price: | 99.807
|
| Yield: | 2.49%
|
| Spread: | Treasuries plus 176 bps
|
| Call: | Non-callable
|
| Trade date: | Jan. 30
|
| Settlement date: | Feb. 2
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA+
|
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