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WKN: 851144 / ISIN: US3696041033

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15.11.2013 19:17:00

Moody's affirms GE Capital's A1 rating on plans to exit North American retail finance business

New York, November 15, 2013 -- Moody's Investors Service affirmed the ratings of General Electric Capital Corporation (GE Capital; A1/Prime-1 stable) after parent GE (Aa3/Prime-1 stable) announced plans to exit GE Capital's North American retail finance business (Retail Finance) in a multi-step transaction beginning with an IPO of 20% of the unit's shares in 2014.

Vollständigen Artikel bei Moodys lesen