Published on 4/3/2013 in the Prospect News Investment Grade Daily.
New Issue: GE Capital sells $256 million five-year floating InterNotes at Libor plus 80 bps
By Andrea Heisinger
New York, April 3 - General Electric Capital Corp. priced $256 million of seven-year floating-rate InterNotes at par to yield Libor plus 80 basis points, according to a 424B2 filing with the Securities and Exchange Commission.
Agents were BofA Merrill Lynch, Incapital, LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, UBS Investment Bank and Wells Fargo Securities, LLC.
The funding arm of General Electric Co. is based in Norwalk, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Floating-rate InterNotes
|
| Amount: | $256 million
|
| Maturity: | April 15, 2020
|
| Agents: | BofA Merrill Lynch, Incapital, LLC, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, UBS Investment Bank, Wells Fargo Securities, LLC
|
| Coupon: | Libor plus 80 bps
|
| Price: | Par
|
| Yield: | Libor plus 80 bps
|
| Trade date: | April 1
|
| Settlement date: | April 4
|
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