General Electric Plans Benchmark 4-Year Euro-dollar Bond Issue
November 13 2012 - 04:12AM
Dow Jones News
By Ben Edwards
General Electric Co. (GE) is planning a benchmark-size,
four-year euro-dollar bond, one of the banks running the deal said
Tuesday.
Initial guidance on the Reg-S dollar bond--which means it isn't
sold into the U.S.--is 75 to 80 basis points over midswaps.
Credit Suisse Group AG and Deutsche Bank AG are the lead
managers of the sale.
The issuer is rated A1 by Moody's Investors Service Inc. and AA+
by Standard & Poor's Corp.
Write to Ben Edwards at ben.edwards@dowjones.com
General Electric (NYSE:GE)
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