General Electric Cap Corp Launches $1.5 Billion 5-Year At
Treasurys +155 BPs
DOW JONES NEWSWIRES
NEW YORK -(Dow Jones)- General Electric Capital Corp. on Tuesday launched $1.5
billion in notes maturing in five years, according to a person familiar with the
deal.
The notes were launched at 155 basis points over Treasurys. These levels are
at the tight end of earlier price guidance, indicating good demand. Meanwhile, a
5.5% note due in 2014 is quoted at 145 basis points over Treasurys on
MarketAxess. The notes are expected to price later Thursday via bookrunners
Citigroup, Bank of America Merrill Lynch, Goldman Sachs, JP Morgan and Morgan
Stanley.
General Electric is rated Aa2 by Moody's and AA+ by Standard & Poors.
-By Melissa Korn, Dow Jones Newswires; 212-416-2271; melissa.korn@dowjones.com
(END) Dow Jones Newswires
11-10-091411ET
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