GE Capital Australia takes A$750 million in first deal since 2007 [UPDATED]
- Thursday, 30 September 2010
Another issuer returned to the Australian market for the first time since the crisis with GE Capital Australia (AA+/Aa2) pricing a new A$750 million (US$727.2 million) five-year transaction on October 1. The fixed rate line has a coupon of 7 per cent, and priced at a margin of 223.75 basis points over the April 2015 ACGB.
