Published on 3/12/2013 in the Prospect News Investment Grade Daily.
New Issue: GE Capital sells $615 million 10-year InterNotes at Libor plus 100 bps
By Andrea Heisinger
New York, March 12 - General Electric Capital Corp. priced $615 million of floating-rate InterNotes at par to yield Libor plus 100 basis points, according to a 424B2 filing with the Securities and Exchange Commission.
Agents for the sale were BofA Merrill Lynch, InCapital LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Advisors LLC.
The funding arm of General Electric Co. is based in Norwalk, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Floating-rate InterNotes
|
| Amount: | $615 million
|
| Maturity: | March 15, 2023
|
| Bookrunners: | BofA Merrill Lynch, InCapital LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, UBS Securities LLC, Wells Fargo Advisors LLC
|
| Coupon: | Libor plus 100 bps
|
| Price: | Par
|
| Yield: | Libor plus 100 bps
|
| Trade date: | March 11
|
| Settlement date: | March 14
|
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