By Andrea Heisinger
New York, Feb. 19 - General Electric Capital Corp. reopened its issue of 3.1% notes due 2023 (A1/AA+/) to add $100 million, according to an FWP filing with the Securities and Exchange Commission.
The notes were sold at 98.388 to yield 3.241% with a spread of Treasuries plus 127 basis points.
Total issuance is $2.1 billion, including $2 billion priced at 122 bps over Treasuries on Jan. 3.
J.P. Morgan Securities LLC ran the books.
The funding arm of General Electric Co. is based in Norwalk, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Global medium-term notes
|
| Amount: | $100 million, reopened
|
| Maturity: | Jan. 9, 2023
|
| Bookrunner: | J.P. Morgan Securities LLC
|
| Coupon: | 3.1%
|
| Price: | 98.388
|
| Yield: | 3.241%
|
| Spread: | Treasuries plus 127 bps
|
| Call: | Non-callable
|
| Trade date: | Feb. 14
|
| Settlement date: | Feb. 20
|
| Ratings: | Moody's: A1
|
| Standard & Poor's: AA+
|
| Total issuance: | $2.1 billion, including $2 billion sold on Jan. 3
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
