Bond General Electric Finance 4.5% ( XS0642335995 ) in NOK
Issuer | General Electric Finance |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4.5% per year ( payment 1 time a year) |
Maturity | 30/06/2016 - Bond has expired |
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Minimal amount | 10 000 NOK |
Total amount | 1 350 000 000 NOK |
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. The bond identified by ISIN XS0642335995, issued by General Electric Capital Corporation, a prominent financial services arm of the diversified American conglomerate General Electric that historically offered a wide array of financial products and services including commercial lending, leasing, and consumer finance, has reached its maturity on June 30, 2016, and has subsequently been repaid, confirming its redemption at a market price of 100% of its face value. This fixed-income instrument, denominated in Norwegian Krone (NOK), carried an annual interest rate of 4.5% and was part of a total issuance valued at 1,350,000,000 NOK, with a minimum investment threshold of 10,000 NOK. |