GE issues $8.5bn investment grade bond and buys CitiCapital

Conglomerate General Electric issued a $8.5bn (€5.3bn) bond that is the largest global investment grade issue since 1999 and the sixth largest from a US company.

Banc of America Securities, Goldman Sachs, Lehman Brothers and Morgan Stanley were joint bookrunning managers of the three tranche deal for GE Capital, the conglomerate's financial services arm.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire