{"id":473458,"date":"2021-04-08T06:33:30","date_gmt":"2021-04-08T10:33:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473458"},"modified":"2021-04-08T06:33:30","modified_gmt":"2021-04-08T10:33:30","slug":"ge-commences-registered-exchange-offer-for-ge-capital-funding-llcs-3-450-notes-due-2025-4-050-notes-due-2027-4-400-notes-due-2030-and-4-550-notes-due-2032","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ge-commences-registered-exchange-offer-for-ge-capital-funding-llcs-3-450-notes-due-2025-4-050-notes-due-2027-4-400-notes-due-2030-and-4-550-notes-due-2032\/","title":{"rendered":"GE Commences Registered Exchange Offer for GE Capital Funding, LLC\u2019s 3.450% Notes due 2025, 4.050% Notes due 2027, 4.400% Notes due 2030 and 4.550% Notes due 2032"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position:inside; }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>GE Commences Registered Exchange Offer for GE Capital Funding, LLC\u2019s 3.450% Notes due 2025, 4.050% Notes due 2027, 4.400% Notes due 2030 and 4.550% Notes due 2032<\/b><\/p>\n<p>BOSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGeneral Electric Company (NYSE:GE) and GE Capital Funding, LLC (\u201cGECF\u201d) today commenced an offer to exchange (the \u201cExchange Offer\u201d) any and all of GECF\u2019s $1,350,000,000 in aggregate principal amount of outstanding 3.450% Notes due 2025 (the \u201c2025 Outstanding Notes\u201d), $1,000,000,000 in aggregate principal amount of outstanding 4.050% Notes due 2027 (the \u201c2027 Outstanding Notes\u201d), $2,900,000,000 in aggregate principal amount of outstanding 4.400% Notes due 2030 (the \u201c2030 Outstanding Notes\u201d) and $750,000,000 in aggregate principal amount of outstanding 4.550% Notes due 2032 (the \u201c2032 Outstanding Notes\u201d and, together with the 2025 Outstanding Notes, 2027 Outstanding Notes and 2030 Outstanding Notes, the \u201cOutstanding Notes\u201d), for an equal amount of the applicable series of its registered 3.450% Notes due 2025 (the \u201c2025 Exchange Notes\u201d), 4.050% Notes due 2027 (the \u201c2027 Exchange Notes\u2019), 4.400% Notes due 2030 (the \u201c2030 Exchange Notes\u201d) and 4.550% Notes due 2032 (the \u201c2032 Exchange Notes\u201d and, together with the 2025 Exchange Notes, 2027 Exchange Notes and 2030 Exchange Notes, the \u201cExchange Notes\u201d and, together with the Outstanding Notes, the \u201cNotes\u201d). The Outstanding Notes are, and the Exchange Notes will be, fully and unconditionally guaranteed by GE.\n<\/p>\n<p>\nThe terms of the Exchange Notes are identical in all material respects to those of the applicable series of the Outstanding Notes, except that the Exchange Notes have been registered under the Securities Act of 1933, as amended, and the transfer restrictions, restrictive legends, registration rights and additional interest provisions relating to the Original Notes do not apply to the Exchange Notes. The purpose of the Exchange Offer is to fulfill the obligations of GE and GECF under the registration rights agreements entered into in connection with the issuance of the Outstanding Notes. Neither GE nor GECF will receive any proceeds from the Exchange Offer.\n<\/p>\n<p>\nThe Exchange Offer will expire at 5:00 p.m. Eastern Standard Time (EST) on May 5, 2021, unless extended (such date and time, as may be extended, the \u201cExpiration Date\u201d). The settlement date for the Exchange Offer will occur promptly following the Expiration Date. The terms of the Exchange Offer and other information relating to GE, GECF and the Exchange Notes are set forth in a prospectus dated April 7, 2021, a copy of which has been filed with the Securities and Exchange Commission. GE and GECF have not authorized any person to provide information other than as set forth in the prospectus.\n<\/p>\n<p>\nCopies of the prospectus and the related letter of transmittal governing the Exchange Offer can be obtained from the exchange agent, The Bank of New York Mellon, at its address below:\n<\/p>\n<p class=\"bwalignc\">\nThe Bank of New York Mellon, as Exchange Agent<br \/>\n<br \/>c\/o BNY Mellon<br \/>\n<br \/>Corporate Trust Operations- Reorganization Unit<br \/>\n<br \/>111 Sanders Creek Parkway<br \/>\n<br \/>East Syracuse, NY 13057<br \/>\n<br \/>Attn: Tiffany Castor<br \/>\n<br \/>Tel: 315-414-3034<br \/>\n<br \/>Fax: 732-667-9408<br \/>\n<br \/>E-mail: <a rel=\"nofollow\" href=\"mailto:CT_REORG_UNIT_INQUIRIES@bnymellon.com\">CT_REORG_UNIT_INQUIRIES@bnymellon.com<\/a><\/p>\n<p><b>General<\/b><\/p>\n<p>\nThis announcement is for informational purposes only. This announcement is not an offer to sell or a solicitation of an offer to purchase any Notes or any other securities of GE or any of its subsidiaries. The Exchange Offer is being made solely pursuant to the prospectus dated April 7, 2021, including any supplements thereto, and only to such persons and in such jurisdictions as is permitted under applicable law.\n<\/p>\n<p><b>Special Note Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nThis announcement contains \u201cforward-looking statements\u201d\u2014that 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 \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cseek,\u201d \u201csee,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201ctarget,\u201d \u201cpreliminary,\u201d or \u201crange.\u201d Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the consummation of the Exchange Offer. Uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include, but are not limited to, the failure or inability to consummate the Exchange Offer in a timely manner or at all, the failure or inability to make or take any filing or other action required to consummate the Exchange Offer in a timely manner or at all, and changes in market conditions. These or other uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements.\n<\/p>\n<p><b>About GE<br \/>\n<br \/><\/b>GE (NYSE:GE) rises to the challenge of building a world that works. For more than 125 years, GE has invented the future of industry, and today the company\u2019s dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely. GE\u2019s people are diverse and dedicated, operating with the highest level of integrity and focus to fulfill GE\u2019s mission and deliver for its customers. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ge.com&amp;esheet=52408452&amp;newsitemid=20210408005413&amp;lan=en-US&amp;anchor=www.ge.com&amp;index=1&amp;md5=ec1e7724503c549ce9bae2e5e2e095e0\">www.ge.com<\/a><\/p>\n<p>\nGE\u2019s Investor Relations website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ge.com%2Finvestor&amp;esheet=52408452&amp;newsitemid=20210408005413&amp;lan=en-US&amp;anchor=www.ge.com%2Finvestor&amp;index=2&amp;md5=2c2791e22910f23f703f413e65ee4394\">www.ge.com\/investor<\/a> and our corporate blog at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ge.com%2Freports&amp;esheet=52408452&amp;newsitemid=20210408005413&amp;lan=en-US&amp;anchor=www.ge.com%2Freports&amp;index=3&amp;md5=98fa6b29eceeb2c8cb4e04fe83529180\">www.ge.com\/reports<\/a> and @GE_Reports on Twitter, as well as GE\u2019s Facebook page and Twitter accounts, contain a significant amount of information about GE, including financial and other information for investors. GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210408005413r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210408005413\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210408005413\/en\/<\/a><\/span><\/p>\n<p><b>GE Investor Contact<\/b><\/p>\n<p>\nSteve Winoker, 617.443.3400<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:swinoker@ge.com\">swinoker@ge.com<\/a><\/p>\n<p><b>GE Media Contact<\/b><\/p>\n<p>\nMary Kate Mullaney, 202.304.6514<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:marykate.nevin@ge.com\">marykate.nevin@ge.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Massachusetts United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Energy Consumer Electronics Technology Other Energy Utilities<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>GE Commences Registered Exchange Offer for GE Capital Funding, LLC\u2019s 3.450% Notes due 2025, 4.050% Notes due 2027, 4.400% Notes due 2030 and 4.550% Notes due 2032 BOSTON&#8211;(BUSINESS WIRE)&#8211; General Electric Company (NYSE:GE) and GE Capital Funding, LLC (\u201cGECF\u201d) today commenced an offer to exchange (the \u201cExchange Offer\u201d) any and all of GECF\u2019s $1,350,000,000 in aggregate principal amount of outstanding 3.450% Notes due 2025 (the \u201c2025 Outstanding Notes\u201d), $1,000,000,000 in aggregate principal amount of outstanding 4.050% Notes due 2027 (the \u201c2027 Outstanding Notes\u201d), $2,900,000,000 in aggregate principal amount of outstanding 4.400% Notes due 2030 (the \u201c2030 Outstanding Notes\u201d) and $750,000,000 in aggregate principal amount of outstanding 4.550% Notes due 2032 (the \u201c2032 Outstanding Notes\u201d and, together with the 2025 Outstanding &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ge-commences-registered-exchange-offer-for-ge-capital-funding-llcs-3-450-notes-due-2025-4-050-notes-due-2027-4-400-notes-due-2030-and-4-550-notes-due-2032\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GE Commences Registered Exchange Offer for GE Capital Funding, LLC\u2019s 3.450% Notes due 2025, 4.050% Notes due 2027, 4.400% Notes due 2030 and 4.550% Notes due 2032&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473458","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GE Commences Registered Exchange Offer for GE Capital Funding, LLC\u2019s 3.450% Notes due 2025, 4.050% Notes due 2027, 4.400% Notes due 2030 and 4.550% Notes due 2032 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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aggregate principal amount of outstanding 3.450% Notes due 2025 (the \u201c2025 Outstanding Notes\u201d), $1,000,000,000 in aggregate principal amount of outstanding 4.050% Notes due 2027 (the \u201c2027 Outstanding Notes\u201d), $2,900,000,000 in aggregate principal amount of outstanding 4.400% Notes due 2030 (the \u201c2030 Outstanding Notes\u201d) and $750,000,000 in aggregate principal amount of outstanding 4.550% Notes due 2032 (the \u201c2032 Outstanding Notes\u201d and, together with the 2025 Outstanding &hellip; Continue reading &quot;GE Commences Registered Exchange Offer for GE Capital Funding, LLC\u2019s 3.450% Notes due 2025, 4.050% Notes due 2027, 4.400% Notes due 2030 and 4.550% Notes due 2032&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ge-commences-registered-exchange-offer-for-ge-capital-funding-llcs-3-450-notes-due-2025-4-050-notes-due-2027-4-400-notes-due-2030-and-4-550-notes-due-2032\/\" \/>\n<meta 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4.400% Notes due 2030 and 4.550% Notes due 2032 BOSTON&#8211;(BUSINESS WIRE)&#8211; General Electric Company (NYSE:GE) and GE Capital Funding, LLC (\u201cGECF\u201d) today commenced an offer to exchange (the \u201cExchange Offer\u201d) any and all of GECF\u2019s $1,350,000,000 in aggregate principal amount of outstanding 3.450% Notes due 2025 (the \u201c2025 Outstanding Notes\u201d), $1,000,000,000 in aggregate principal amount of outstanding 4.050% Notes due 2027 (the \u201c2027 Outstanding Notes\u201d), $2,900,000,000 in aggregate principal amount of outstanding 4.400% Notes due 2030 (the \u201c2030 Outstanding Notes\u201d) and $750,000,000 in aggregate principal amount of outstanding 4.550% Notes due 2032 (the \u201c2032 Outstanding Notes\u201d and, together with the 2025 Outstanding &hellip; Continue reading \"GE Commences Registered Exchange Offer for GE Capital Funding, LLC\u2019s 3.450% Notes due 2025, 4.050% Notes due 2027, 4.400% Notes due 2030 and 4.550% Notes due 2032\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ge-commences-registered-exchange-offer-for-ge-capital-funding-llcs-3-450-notes-due-2025-4-050-notes-due-2027-4-400-notes-due-2030-and-4-550-notes-due-2032\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-08T10:33:30+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210408005413r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 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