General Electric Co. announced the price and tender amounts for its offers to purchase up to $2.50 billion each of U.S. dollar- and euro-denominated debt securities.
General Electric will not accept any further tenders of dollar or euro-denominated securities.
The U.S. dollar securities will include 4.500% notes due 2044, 4.125% notes due 2042, 3.375% notes due 2024 and 2.700% notes due 2022. Meanwhile, the euro-denominated securities will include 2.125% notes due 2037, 1.875% notes due 2027, 1.500% notes due 2029, 1.250% notes due 2023, 0.875% notes due 2025 and 0.375% notes due 2022.
The early participation date for each tender offer was Sept. 25, while the early payment date will be Sept. 30. The tenders are expected to expire Oct. 9.
Shareholders who tendered and did not withdraw securities accepted for purchase will get the early participation amount of $50 per $1,000 principal amount of dollar-denominated securities, or €50 per €1,000 principal amount of euro-denominated securities.
