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Published on 3/18/2013 in the Prospect News Investment Grade Daily.

New Issue: GE Capital sells $150 million two-year floaters at Federal Funds plus 52 bps

By Andrea Heisinger

New York, March 18 - General Electric Capital Corp. sold $150 million of two-year medium-term floating-rate notes, series A, at par to yield Federal Funds rate plus 52 basis points, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are non-callable.

Deutsche Bank Securities Inc. was the agent for the sale.

The funding arm of General Electric Co. is based in Norwalk, Conn.

Issuer:General Electric Capital Corp.
Issue:Medium-term notes, series A
Amount:$150 million
Maturity:March 19, 2015
Bookrunner:Deutsche Bank Securities Inc.
Coupon:Federal Funds rate plus 52 bps
Price:Par
Yield:Federal Funds rate plus 52 bps
Call:Non-callable
Trade date:March 14
Settlement date:March 19

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