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Published on 6/8/2009 in the Prospect News Investment Grade Daily.

S&P ups GE Capital notes

Standard & Poor's said it raised its rating on General Electric Capital Corp.'s $1.75 billion senior notes due Dec. 21, 2012 to AAA from AA+.

Due to an administrative error, the rating had not taken account of the issue being guaranteed by the FDIC under the Temporary Liquidity Guarantee Program, the agency noted.


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