(Bloomberg) -- General Electric Co. sold $2 billion
of bonds, a sign that top-rated borrowers can still find demand
in a market that shut out at least 36 companies.
General Electric Capital Corp., the finance arm of the
world's second-biggest company by market value, sold 30-year
bonds yesterday for the first time in about five years. Stamford,
Connecticut-based GECC was able to find buyers when companies
from investment-grade Tyco Electronics Ltd. to high-yield, high-
risk Myers Industries Inc. were forced to cancel sales.
Read more at Bloomberg Bonds News
of bonds, a sign that top-rated borrowers can still find demand
in a market that shut out at least 36 companies.
General Electric Capital Corp., the finance arm of the
world's second-biggest company by market value, sold 30-year
bonds yesterday for the first time in about five years. Stamford,
Connecticut-based GECC was able to find buyers when companies
from investment-grade Tyco Electronics Ltd. to high-yield, high-
risk Myers Industries Inc. were forced to cancel sales.
Read more at Bloomberg Bonds News
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