NEW YORK, May 31 (Reuters) - General Electric Capital Corp. (GECC), the financing arm of Fairfield, Conn.-based
General Electric Co. (NYSE:GE), on Wednesday launched a sale of $750 million of three-year global notes, an official
at co-lead manager Lehman Brothers Inc. said.
The notes are expected to price as soon as possible, and yield about 87.5 basis points more than two-year U.S.
Treasuries. Two-year Treasuries now now yield 6.672 percent.
UBS Warburg LLC is the sale's other co-lead manager.
Moody's Investors Service and Standard & Poor's rate GECC's debt triple-A.
GECC last sold global notes on May 10, when it sold $1.25 billion of five- and 10-year notes. GECC sold three-year
global notes on Feb. 4.