Thursday July 6 2:43 PM ET
WASHINGTON (Reuters) - General Electric Capital Corp., the financial services arm of General Electric Co. (NYSE:GE
- news), on Thursday filed with the Securities and Exchange Commission to sell up to $20 billion in debt securities,
warrants and preferred stock.
The Stamford, Conn.-based company plans to use the net proceeds to finance operations, according to a shelf registration
filing with the Securities and Exchange Commission.
Under a shelf registration, a company may sell securities from time to time in one or more separate offerings in
amounts, at prices and on terms to be determined at the time of sale.
GE shares were up 1 to 50-13/16 in afternoon trading on the New York Stock Exchange.