GECC launches $4 bln two-part note sale – IFR

NEW YORK, Sept 13 (BestGrowthStock) – General Electric Capital
Corp, the finance arm of General Electric Co (GE.N: ), launched
$4 billion of notes in a two part sale on Monday, said IFR, a
Thomson Reuters service.

The offering includes $2 billion of three-year notes
expected to yield 110 basis points over comparable U.S.
Treasuries and $2 billion of 10-year notes expected to yield
175 basis points more than U.S. Treasuries.

The joint book managers on the sale are Bank of America
Merrill Lynch, Barclays, Citigroup and Credit Suisse.
(Reporting by Caryn Trokie, Editing by Chizu Nomiyama)

GECC launches $4 bln two-part note sale – IFR