GE Capital Australia gets A$750 million in new domestic three-year [UPDATED]
- Tuesday, 08 February 2011
GE Capital Australia (AA+/Aa2) has issued a new A$750 million (US$761 million) February 2014 dual-tranche domestic bond in advance of one of the issuer's outstanding lines falling due, on February 10. The A$500 million fixed rate tranche of the new deal priced at 110 basis points over semi-quarterly swap, while the A$250 million floating rate piece achieved a margin of 110 basis points over the three-month bank bill swap rate.
