TOKYO, May 22 (Reuters) - General Electric Capital Corp
(GECC), the finance arm of General Electric Co (GE.N), sold 152.6
billion yen ($1.5 billion) of Samurai bonds on Thursday in four
tranches, joint lead manger Mitsubishi UFJ Securities said.
Details were as follows:
1. Three-year fixed-rate bond:
Issue amount: 44.2 billion yen
Coupon: 1.95 percent
Issue price: par
Maturity date: May 27, 2011
Coupon payments: May 29, Nov. 29
Payment date: May 29, 2008
Lead manager: Daiwa Securities SMBC
Mitsubishi UFJ Securities
Mizuho Securities
Fiscal agent: Mizuho Corporate Bank
Ratings: Aaa (Moody's)
AAA (S&P)
Spread: yen swaps + 68 basis points
2. Five-year fixed-rate bond:
Issue amount: 67.6 billion yen
Coupon: 2.275 percent
Issue price: par
Maturity date: May 29, 2013
Coupon payments: May 29, Nov. 29
Payment date: May 29, 2008
Lead manager: Daiwa Securities SMBC
Mitsubishi UFJ Securities
Mizuho Securities
Fiscal agent: Mizuho Corporate Bank
Ratings: Aaa (Moody's)
AAA (S&P)
Spread: yen swaps + 82 basis points
3. Ten-year fixed-rate bond:
Issue amount: 6.4 billion yen
Coupon: 2.885 percent
Issue price: par
Maturity date: May 29, 2018
Coupon payments: May 29, Nov. 29
Payment date: May 29, 2008
Lead manager: Daiwa Securities SMBC
Mitsubishi UFJ Securities
Mizuho Securities
Fiscal agent: Mizuho Corporate Bank
Ratings: Aaa (Moody's)
AAA (S&P)
Spread: yen swaps + 103 basis points
4. Five-year floating-rate bond:
Issue amount: 34.4 billion yen
Coupon: 0.82 pct point above three-month yen LIBOR
Issue price: par
Maturity date: May 29, 2013
Coupon payments: Feb. 28, May 29, Aug. 29, Nov. 29
Payment date: May 29, 2008
Lead manager: Daiwa Securities SMBC
Mitsubishi UFJ Securities
Mizuho Securities
Fiscal agent: Mizuho Corporate Bank
Ratings: Aaa (Moody's)
AAA (S&P)
Samurai bonds are yen-denominated bonds issued in Japan by
foreign entities.
