Bond General Electric Finance 1.2% ( US36962G5U48 ) in USD

Issuer General Electric Finance
Market price 100 %  ⇌ 
Country  United States
ISIN code  US36962G5U48 ( in USD )
Interest rate 1.2% per year ( payment 2 times a year)
Maturity 13/04/2015 - Bond has expired



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Minimal amount 1 000 USD
Total amount 100 000 000 USD
Cusip 36962G5U4
Standard & Poor's ( S&P ) rating NR
Moody's rating NR
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 instrument, identified by ISIN US36962G5U48 and CUSIP 36962G5U4, represents a fixed-income obligation issued in the United States by General Electric Capital, the former sprawling financial services arm of General Electric, which historically played a significant role in global commercial lending, leasing, and consumer finance before undergoing a strategic divestiture of most assets to refocus its parent company on industrial operations; this bond, denominated in USD with a 1.2% coupon rate, featured a total issue size of $100,000,000, a minimum purchase requirement of $1,000, and provided interest payments twice annually, successfully maturing on April 13, 2015, when it was repaid at its 100% par value, noting that it held a 'Not Rated' (NR) status from both Standard & Poor's (S&P) and Moody's rating agencies.