Bond General Electric Co. 4% ( US36966TED00 ) in USD
Issuer | General Electric Co. | ||
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Interest rate | 4% per year ( payment 2 times a year) | ||
Maturity | 15/01/2027 | ||
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Minimal amount | 1 000 USD | ||
Total amount | 8 763 000 USD | ||
Cusip | 36966TED0 | ||
Standard & Poor's ( S&P ) rating | A- ( Upper medium grade - Investment-grade ) | ||
Moody's rating | A3 ( Upper medium grade - Investment-grade ) | ||
Next Coupon | 15/01/2026 ( In 165 days ) | ||
Detailed description |
General Electric (GE) is a multinational conglomerate corporation operating in various sectors including aviation, healthcare, power, and renewable energy. An analysis of a specific debt instrument issued by General Electric offers a detailed look into a key fixed-income opportunity. General Electric (GE), a globally recognized industrial conglomerate headquartered in the United States, has undergone a significant strategic transformation in recent years, divesting numerous segments, including GE Capital, to streamline its operations and focus on high-growth industrial businesses. Post-restructuring, GE's core operations are concentrated in GE Aerospace and GE Vernova (power and renewable energy, soon to be spun off), alongside the recently separated GE HealthCare, reflecting a concerted effort to strengthen its financial standing and credit profile. This particular bond, identified by ISIN US36966TED00 and CUSIP 36966TED0, is denominated in US Dollars (USD) and carries a coupon rate of 4%, with interest payments distributed semi-annually. The bond is set to mature on January 15, 2027, providing a defined medium-term horizon for investors. The total issue size for this tranche amounts to USD 8,763,000, with a minimum purchase requirement set at USD 1,000, making it accessible to a range of institutional and individual investors. As of recent market data, the bond is trading at 99.551% of its par value, which suggests a yield-to-maturity marginally above the 4% coupon rate, reflecting current market conditions and the bond's remaining tenor. The creditworthiness of this General Electric issuance is independently assessed by leading rating agencies, with Standard & Poor's (S&P) assigning an 'A-' rating and Moody's rating the bond at 'A3'. Both ratings fall within the investment-grade category, signifying that these agencies view GE's capacity to meet its financial commitments as strong, albeit with susceptibility to adverse economic conditions, reflecting GE's ongoing operational performance, debt management strategies, and overall financial health following its extensive restructuring efforts. |