Aviation News Online

Fitch Rates GE’s Planned Euro Notes ‘AA-‘; Outlook Stable

Fitch Ratings has assigned a rating of ‘AA-‘ to General Electric Company’s (GE) planned issuance of euro-denominated fixed-rate senior unsecured notes with a mix of maturities. Proceeds will be used to fund acquisitions and/or repay $4 billion of 5.25% notes scheduled to mature in December 2017. Any remaining proceeds will be used for general corporate purposes.

Date: May 11, 2017

About the author /