Bond General Electric Finance 3.25% ( US36962G7C22 ) in USD
Issuer | General Electric Finance | ||
Market price | 100 % ▼ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 3.25% per year ( payment 2 times a year) | ||
Maturity | 01/08/2020 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 250 000 000 USD | ||
Cusip | 36962G7C2 | ||
Standard & Poor's ( S&P ) rating | N/A | ||
Moody's rating | N/A | ||
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. An examination of the General Electric Capital bond, identified by ISIN US36962G7C22, reveals key characteristics of a debt instrument that has since reached its full term. General Electric Capital, the financial services arm of the prominent American multinational conglomerate General Electric, was the issuer of this particular debt security. This bond, carrying the ISIN code US36962G7C22 and CUSIP code 36962G7C2, was denominated in United States Dollars (USD) and originated from the United States. It featured a fixed interest rate of 3.25% per annum, with interest payments made on a semi-annual basis, reflecting a payment frequency of two times per year. The total size of this particular issuance amounted to $250,000,000, indicating a substantial offering to the market. Investors were able to acquire this bond with a minimum purchase size of $1,000, making it accessible to a range of institutional and individual investors. The bond reached its maturity date on August 1, 2020. At its maturity, the bond was redeemed at 100% of its face value, signifying a full repayment to bondholders. This indicates the successful fulfillment of the issuer's obligations, with the debt instrument having been fully repaid upon its predetermined termination date. |