Bond General Electric Co. 4.3% ( US36966TEQ13 ) in USD
Issuer | General Electric Co. | ||
Market price | ![]() |
||
Country | ![]() |
||
ISIN code |
![]() |
||
Interest rate | 4.3% per year ( payment 2 times a year) | ||
Maturity | 15/02/2032 | ||
|
|||
Minimal amount | 1 000 USD | ||
Total amount | 13 299 000 USD | ||
Cusip | 36966TEQ1 | ||
Standard & Poor's ( S&P ) rating | A- ( Upper medium grade - Investment-grade ) | ||
Moody's rating | A3 ( Upper medium grade - Investment-grade ) | ||
Next Coupon | 15/08/2025 ( In 12 days ) | ||
Detailed description |
General Electric (GE) is a multinational conglomerate corporation operating in various sectors including aviation, healthcare, power, and renewable energy. This financial analysis centers on a specific debt instrument issued by General Electric, identified by the International Securities Identification Number (ISIN) US36966TEQ13 and the CUSIP code 36966TEQ1. General Electric (GE), a historically significant and now more focused American multinational conglomerate headquartered in the United States, stands as the issuer of this particular bond. GE has undergone significant strategic transformations in recent years, narrowing its operational scope to core segments such as aviation, power, and renewable energy, following its storied history as a pioneer in various industrial and technological sectors, thereby underpinning its status as a major corporate bond issuer. This bond, denominated in United States Dollars (USD), offers a fixed annual interest rate, or coupon, of 4.3%. Payments are structured to occur twice a year, ensuring a semi-annual income stream for bondholders. The maturity date for this obligation is set for February 15, 2032, providing a defined horizon for the principal repayment. As of the latest market data, this debt instrument is observed trading on the secondary market at 97.1% of its par value. The total size of this specific bond issuance amounts to $13,299,000, indicating its overall scale within the market. For potential investors, the minimum purchase size is set at $1,000, making it accessible to a range of qualified institutional and individual investors. The creditworthiness of General Electric, as the issuer, is independently assessed by leading rating agencies: Standard & Poor's (S&P) has assigned an 'A-' rating to this bond, while Moody's has provided an 'A3' rating. Both ratings fall within the investment-grade category, signaling a strong capacity for the issuer to meet its financial commitments, albeit with some susceptibility to adverse economic conditions or changes in corporate strategy. |