Bond General Electric Finance 0% ( US36962G4P61 ) in USD
Issuer | General Electric Finance |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 23/09/2015 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 100 000 000 USD |
Cusip | 36962G4P6 |
Detailed description |
General Electric Capital was the financial services division of General Electric, offering a range of commercial lending, leasing, and insurance products before its restructuring and eventual divestiture. This financial article details a specific bond issuance identified by ISIN US36962G4P61 and CUSIP 36962G4P6, issued by General Electric Capital, a former multinational financial services subsidiary of General Electric that was historically a major provider of commercial lending, leasing, and consumer finance solutions and underwent significant divestment and downsizing in the mid-2010s. Originating from the United States, this USD-denominated obligation had a total issue size of $100,000,000 with a minimum purchase size of $1,000 and was structured as a zero-coupon instrument, featuring a 0% interest rate despite a stated semi-annual payment frequency, implying no periodic coupon disbursements. The bond reached its maturity on September 23, 2015, and was consequently repaid to investors at its full market value of 100%, confirming its complete redemption. |