By Aleesia Forni
Virginia Beach, March 10 - General Electric Capital Corp. priced $500 million of 1.625% senior notes due 2018 with a spread of 13 basis points over Treasuries, according to an FWP filed with the Securities and Exchange Commission.
Pricing was at 99.422 to yield 1.773%.
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.
|
| Amount: | $500 million
|
| Description: | Senior notes
|
| Maturity: | April 2, 2018
|
| Lead manager: | Citigroup Global Markets Inc.
|
| Coupon: | 1.625%
|
| Price: | 99.422
|
| Yield: | 1.773%
|
| Spread: | Treasuries plus 13 bps
|
| Trade date: | March 7
|
| Settlement date: | March 12
|
| Distribution: | SEC registered
|
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