March 13 General Electric Co's North American retail finance business filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock.
The business will operate under a new name, Synchrony Financial, GE said in a statement.
Goldman Sachs & Co, JP Morgan, Citigroup and Morgan Stanley are lead underwriters for the IPO, Synchrony's filing showed. ()
The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.