By Andrea Heisinger
New York, May 13 - General Electric Capital Corp. reopened its issue of 4.65% notes due Oct. 17, 2021 (Aa2/AA+/) to add $50 million, according to an FWP filing with the Securities and Exchange Commission.
The notes were priced at 113.97 to yield 2.778% with a spread of Treasuries plus 96 basis points. There is no call option.
Total issuance will be $3.15 billion, including $3.1 billion priced in five previous sales.
Citigroup Global Markets Inc. was the bookrunner.
The funding arm of General Electric Co. is based in Norwalk, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Medium-term notes, reopened
|
| Amount: | $50 million
|
| Maturity: | Oct. 17, 2021
|
| Bookrunner: | Citigroup Global Markets Inc.
|
| Coupon: | 4.65%
|
| Price: | 113.97
|
| Yield: | 2.778%
|
| Spread: | Treasuries plus 96 bps
|
| Call: | Non-callable
|
| Trade date: | May 10
|
| Settlement date: | May 15
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA+
|
| Total issuance: | $3.15 billion, including $3.1 billion sold in five previous deals
|
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