GE Capital Prices GBP635 Million 2019 4.375% Bond At 99.278
LONDON – GE Capital, the lending arm of General Electric Co. (GE), has priced its GBP625 million bond, maturing 2019, at 290 basis points over the corresponding gilt, one of the banks running the deal said Thursday.
This is at the tighter end of revised guidance of 290-295 basis points over the 4.5% March 2019 gilt.
Barclays PLC, Deutsche Bank AG and HSBC Holdings PLC were the lead managers on the sale.
The terms of the transaction are as follows:
Amount: GBP635 million Maturity: July 31, 2019 Coupon: 4.375% Reoffer Price: 99.278 Payment Date: January 31, 2012 Spread: 290 basis points over the corresponding gilt Debt Ratings: Aa2 (Moody’s) AA+ (Standard & Poor’s) Listing: London Interest: Annual
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GE Capital Prices GBP635 Million 2019 4.375% Bond At 99.278


