GE Capital European Funding Plans 2-Part Bond Offering
By Daniel at 26 August, 2008, 8:24 am
GE Capital European Funding Plans 2-Part Bond Offering
Last Update: 8/26/2008 4:38:38 AM
LONDON (Dow Jones)– GE Capital European Funding is planning a three-year
floating-rate note, and a 10-year euro-denominated benchmark bond, said one of
the banks involved in the deal Tuesday.
BNP Paribas SA (BNPQY), Citigroup Inc. (C), Deutsche Bank AG (DB) and JP Morgan
(JPM) have been hired as joint-lead managers on the deal, which is expected to be
launched in the near future, subject to market conditions, said the bank.
The issuer is rated Aaa by Moody’s Investor’s Service Inc. and AAA by Standard &
Poor’s Corp.
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