15.11.2013 22:23:00
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General Electric Company -- Moody's: GE's planned IPO of retail finance business has no impact on ratings
New York, November 15, 2013 -- Moody's Investors Service said the planned initial public offering and follow-on split-off of General Electric Capital Corp.'s (GECC, A1/Prime-1 stable) North American retail finance business (Retail Finance) by General Electric Company (GE, Aa3/Prime-1 stable) is a modest credit negative development, but will not impact the company's ratings.