GECC sells 152.6 bln yen in Samurai bonds

TOKYO, May 22 (Reuters) - General Electric Capital Corp, 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 manager Mitsubishi UFJ Securities said.

GECC sold 44.2 billion yen of three-year fixed-rate bonds with a 1.95 percent coupon, 67.6 billion yen of five-year fixed-rate bonds with a 2.275 percent coupon and 6.4 billion yen of 10-year fixed-rate bonds with a 2.885 percent coupon.

It also sold 34.4 billion yen of five-year floating-rate bonds with a coupon set at 82 basis points over three-month yen Libor.

The lead managers were Daiwa Securities SMBC, Mitsubishi UFJ Securities and Mizuho Securities.

Samurai bonds are yen bonds issued in Japan by non-Japanese entities. (Reporting by Takefumi Ito and Naoyuki Katayama; Writing by Satomi Noguchi)