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.
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MORE DELTA EMPLOYEES DENY UNION REPRESENTATION
By
Dino D'Amore
24th November 2010