GE GE Aerospace

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (the “United States”) OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.

GE Capital Australia Funding Pty. Ltd. (ACN 085 675 467) (the “Offeror”) today announced the final results and pricing for the cash tender offers launched on 25 April 2016 to purchase any and all of the securities set forth in the table below (each an “Offer” and collectively the “Tender Offer”).

             

AUD Fixed Rate Securities

Security ISIN

Aggregate Principal Amount Outstanding

Fixed Spread

Purchase Yield

Fixed Rate Consideration per AUD1,000 principal amount of Securities purchased(1)

Aggregate Principal Amount Tendered

GE Capital Australia Funding Pty. Ltd. 5.250% Notes due August 2017 AU3CB0198240 AUD400,000,000 45 bps 2.331% AUD1036.65 AUD176,060,000 4.500% Notes due January 2018 AU3CB0204691 AUD500,000,000 50 bps 2.371% AUD1035.59 AUD269,180,000 6.000% Notes due March 2019 AU300GCAF087 AUD200,000,000 60 bps 2.440% AUD1097.15 AUD84,811,000            

AUD Floating Rate Securities

Security

ISIN

Aggregate Principal Amount Outstanding

Floating Rate Consideration per AUD1,000 principal amount of Securities purchased(1)

Aggregate Principal Amount Tendered

GE Capital Australia Funding Pty. Ltd.

Floating Rate Notes due January 2018

AU3FN0017737 AUD250,000,000 AUD1,011.25 AUD 135,910,000   (1)   For the avoidance of doubt, the consideration set forth herein does not include accrued and unpaid interest from the applicable last interest payment date up to, but not including, the Settlement Date (defined below) for any series of Securities.  

The Offeror accepts all Securities validly tendered in the Tender Offer and expects to make payment for the Securities on 12 May 2016 (the “Settlement Date”). Interest will cease to accrue on the Settlement Date for all Securities accepted in any Offer.

Deutsche Bank AG, Sydney Branch, Barclays Bank PLC and Royal Bank of Canada, Sydney Branch acted as Dealer Managers (collectively, the “Dealer Managers”) for the Tender Offer.

Lucid Issuer Services Limited served as information agent (the “Information Agent”) for the Tender Offer and BTA Institutional Services Australia Limited served as the Australian tender agent (the “Australian Tender Agent”).

This communication does not constitute an offer to purchase or a solicitation of tenders of Securities from any person located in the United States or in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer or solicitation under applicable securities or blue sky laws or otherwise. This communication does not constitute an offer to sell any securities or the solicitation of an offer to buy any securities in any jurisdiction.

The distribution of this communication in certain jurisdictions may be restricted by law. Persons into whose possession this communication comes are required by each of the Offeror, the Dealer Managers, the Information Agent and the Australian Tender Agent to inform themselves about, and to observe, any such restrictions.

Forward-Looking Statements

This communication contains “forward-looking statements”—that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” or “target.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the Tender Offer. Uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include the failure to consummate any of these transactions or to make or take any filing or other action required to consummate any such transaction on a timely matter or at all. These or other uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160505006840/en/

GE CapitalInvestors:Matt Cribbins, +1 203-373-2424matthewg.cribbins@ge.comorMedia:Susan Bishop, +1 203-750-5362Susan.bishop@ge.com